Monday, 11th November:
- 2:00am BST – NZD – Inflation Expectations q/q: New Zealand’s inflation expectations are projected to be around 2.12%, up from 2.03%. This measure reflects the anticipated inflation rate over the next two years and may influence the Reserve Bank of New Zealand’s future monetary policy decisions.
- 8:32am BST – CNY – New Loans: Chinese new loans data is expected to drop to 500 billion from a previous 1,590 billion. This measure can impact economic sentiment in China, as lower loan creation may indicate decreased borrowing and spending, affecting the CNY and related markets.
Tuesday, 12th November:
- 7:00am BST – GBP – Claimant Count Change: The UK’s Claimant Count Change, measuring the change in the number of people claiming unemployment-related benefits, is forecasted at 30.5K. A higher-than-expected increase could weigh on the GBP.
- 7:00am BST – GBP – Average Earnings Index 3m/y: UK wage growth is expected at 3.9%, an increase from 3.8%. Rising wages may influence the Bank of England’s rate outlook, potentially strengthening the GBP if above expectations.
- 10:00am BST – EUR – German ZEW Economic Sentiment: The ZEW Economic Sentiment for Germany is expected at 13.2, close to the previous 13.1. As a key indicator of business confidence, an increase could support EUR strength if sentiment improves.
- 3:00pm BST – USD – FOMC Member Waller Speaks: Federal Reserve Governor Christopher Waller will discuss economic outlook and monetary policy, which may provide hints about future rate decisions, potentially affecting the USD.
- 10:00pm BST – USD – FOMC Member Harker Speaks: Philadelphia Fed President Patrick Harker’s speech may include insights into inflation and labor market trends, impacting USD sentiment depending on his views on future rate paths.
Wednesday, 13th November:
- 12:30am BST – AUD – Wage Price Index q/q: Australia’s wage price index is forecasted to rise by 0.9%, up from 0.8%. Rising wages may signal inflationary pressure, impacting AUD and ASX 200 indices if the data surpasses expectations.
- 1:30pm BST – USD – Core CPI m/m: The U.S. Core Consumer Price Index (CPI) is forecasted to rise by 0.3% month-over-month. As a critical inflation measure, a higher-than-expected result could strengthen the USD by increasing the likelihood of future rate hikes.
- 1:30pm BST – USD – CPI m/m and y/y: The CPI is forecasted at 0.2% m/m and 2.4% y/y. Stable inflation may support USD stability; however, a surprise rise could shift market expectations about the Federal Reserve’s policy direction.
- 11:00pm BST – AUD – RBA Gov Bullock Speaks: Reserve Bank of Australia Governor Michele Bullock will address recent economic developments. Traders will look for any comments indicating changes to the RBA’s rate policy, which may move the AUD.
Thursday, 14th November:
- 12:30am BST – AUD – Employment Change and Unemployment Rate: Australia’s employment change is forecasted at 25.2K, with the unemployment rate expected at 4.1%. Labor market strength could support the AUD, while weaker numbers may prompt concerns about economic momentum.
- 1:30pm BST – USD – Core PPI m/m and PPI m/m: The U.S. Core Producer Price Index (PPI) is projected to rise by 0.2%. This data reflects wholesale inflation and may impact USD trading if inflation pressures increase.
- 1:30pm BST – USD – Unemployment Claims: Weekly U.S. initial jobless claims are expected to reach 221K. Higher-than-expected claims could weigh on the USD if labor market conditions appear to weaken.
- 4:00pm BST – USD – Crude Oil Inventories: The weekly U.S. crude oil inventory report is expected to show a 2.1M barrel change. Fluctuations in oil inventories may influence global oil prices and energy-related stocks.
- 7:00pm BST – EUR – ECB President Lagarde Speaks: European Central Bank President Christine Lagarde’s speech may offer insights into the ECB’s policy stance amid inflation and growth challenges, which could impact EUR sentiment.
- 8:00pm BST – USD – Fed Chair Powell Speaks: Fed Chair Jerome Powell will address recent economic developments and monetary policy. His remarks could significantly affect U.S. indices and the USD if he signals policy shifts or concerns about inflation.
- 9:00pm BST – GBP – BoE Gov Bailey Speaks: Bank of England Governor Andrew Bailey’s speech may offer insights into the BoE’s views on inflation and interest rate paths. Traders will watch closely for GBP volatility based on his comments.
Friday, 15th November:
- 2:00am BST – CNY – Industrial Production y/y and Retail Sales y/y: China’s industrial production is projected to grow by 5.5% y/y, with retail sales expected to rise by 3.8% y/y. Stronger data could boost market sentiment in Asia and support commodities if China’s economy shows resilience.
- 7:00am BST – GBP – GDP m/m and Prelim GDP q/q: UK’s GDP is expected to grow by 0.2% m/m and prelim Q3 GDP by 0.2%. These figures may influence the GBP as they reflect overall economic health amid inflationary pressures.
- 1:30pm BST – USD – Core Retail Sales m/m and Retail Sales m/m:S. Core Retail Sales are forecasted to increase by 0.2%, with Retail Sales m/m expected to rise by 0.3%. As holiday shopping season approaches, these figures could impact the USD and U.S. equity markets if consumer spending is robust.
- 1:30pm BST – USD – Empire State Manufacturing Index: The Empire State Manufacturing Index is forecasted at 3.6, indicating mild expansion. A higher reading could support USD if it signals strengthening manufacturing activity.
