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Weekly Outlook: Nov 25 – Nov 29: US Core PCE, Eurozone CPIs and Canada GDP

JFD

This week will be shorter for the US markets as on Thursday, they will be closed in celebration of the Thanksgiving Day, while on Friday, they will close early. However, we get several US data on Wednesday, including the yoy core PCE rate, personal income and spending, and the second estimate of the Q3 GDP. On Friday, Eurozone’s preliminary CPIs for November are coming out, as well as Canada’s GDP for Q3.

Monday is a relatively quiet day, with the only release worth mentioning being the German Ifo survey for November. The current assessment index is expected to have ticked up to 97.9 from 97.8, while the expectations one is anticipated to have risen to 92.5 from 91.5. This would drive the business climate print up to 95.0 from 94.6.

On Tuesday, the US new home sales for October are coming out and...

Read the full financial markets daily report on JFD Research.

JFD Review

Source: https://www.jfdbank.com/en/research/us-core-pce-eurozone-cpis-and-canada-gdp-20191125
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