JPY – Japan BOJ Governor Ueda Speaks – 01:05 am BST: Market participants will watch Governor Kazuo Ueda’s commentary closely for insights into potential policy shifts, especially in the context of recent inflation data. USDJPY and Japan 225 traders will focus on this for directional cues.
All – G20 Meetings – All Day: Finance ministers and central bank governors convene for the G20 meeting, with discussions on global economic challenges likely to influence market volatility across major indices and currencies.
EUR – ECB President Lagarde Speaks – 06:30 pm BST: Christine Lagarde’s speech will be scrutinized for updates on the ECB’s stance, especially in light of lingering inflation concerns and economic headwinds in the Eurozone.
Tuesday, 19th November:
AUD – Australia RBA Monetary Policy Meeting Minutes – 12:30 am BST: The minutes will provide deeper insights into the Reserve Bank of Australia’s decision-making process, including their outlook on inflation and employment. AUDUSD and ASX 200 traders will watch for implications.
GBP – UK Monetary Policy Report Hearings – 10:00 am BST: Bank of England officials will present their views on the economy to the Parliament. This could sway expectations on future rate decisions, impacting GBPUSD and the UK 100 index.
CAD – Canada CPI Data – 1:30 pm BST: Canadian inflation figures, including Core CPI, Median CPI, and Trimmed CPI, will influence expectations for the Bank of Canada’s next move. Weak data could increase pressure on the CAD, while a positive surprise may bolster it.
Wednesday, 20th November:
CNY – China Loan Prime Rate Announcements – 1:00 am BST: The PBOC will announce its 1-year and 5-year loan prime rates. Any surprises here could significantly impact China A50 and Hong Kong 50 indices.
GBP – UK CPI Data – 7:00 am BST: Inflation in the UK is expected to rise. A hotter-than-expected print may push back expectations for monetary easing by the Bank of England, potentially supporting GBPUSD and UK equities.
EUR – ECB Financial Stability Review – 9:00 am BST: The report could provide insights into the health of Eurozone financial institutions, with implications for Eurozone indices and the Euro.
USD – US Crude Oil Inventories – 3:30 pm BST: Crude markets will assess inventory data for clues on supply-demand dynamics, with impacts on oil prices and the USD.
Thursday, 21st November:
JPY – Japan BOJ Governor Ueda Speaks – Tentative: Further commentary from Governor Ueda could solidify views on the Bank of Japan’s monetary policy direction.
AUD – Australia RBA Governor Bullock Speaks – 8:00 am BST: Governor Michele Bullock’s remarks may clarify the central bank’s economic outlook and policy path, affecting AUD pairs and the ASX 200.
USD – US Economic Releases – 1:30 pm BST:
Unemployment Claims: Forecast at 220K, this key labor market indicator may influence the Fed’s policy considerations.
Philly Fed Manufacturing Index: Economic health in the manufacturing sector could be reflected in this index, impacting USD and US equities.
USD – US Existing Home Sales – 3:00 pm BST: This report provides insights into the housing market’s strength, with implications for broader economic sentiment.
Friday, 22nd November:
GBP – UK Retail Sales – 7:00 am BST: Retail activity in the UK will be a critical indicator of consumer confidence and economic momentum, directly impacting GBP movements.
EUR – Eurozone PMI Data – Starting at 8:15 am BST: Preliminary manufacturing and services PMIs from France, Germany, and the broader Eurozone will set the tone for market sentiment. Persistent contraction in manufacturing may weigh on the Euro and Eurozone indices.
EUR – ECB President Lagarde Speaks – 9:00 am BST: Another key speech by Lagarde, likely focusing on policy implications of recent economic data.
USD – US Flash PMIs – 2:45 pm BST: The S&P Global PMI figures for manufacturing and services will gauge the impact of recent political and economic developments on US business activity, influencing USD and equity markets.
USD – University of Michigan Consumer Sentiment – 3:00 pm BST: Revised sentiment data will round off the week, providing additional context for consumer confidence trends.
