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Economic news
29.11.2024

Key events for next week: China, eurozone, UK and US PMI indices, eurozone, Canada and US unemployment rate, eurozone retail sales, eurozone GDP

On Monday, at 00:00 GMT, Australia will release the MI Inflation gauge for November. At 00:30 GMT, Australia will present the ANZ job advertisements for November, as well as announce changes in company operating profits for the 3rd quarter, the number of building permits and retail sales for October. At 01:45 GMT, China will publish the Caixin manufacturing PMI for November. At 07:30 GMT, Switzerland will announce a change in retail sales for October. Then the manufacturing PMI indices for November will be in focus: Switzerland will report at 08:30 GMT, France at 08:50 GMT, Germany at 08:55 GMT, the eurozone at 09:00 GMT, and Britain at 09:30 GMT. Also at 09:30 GMT, the eurozone will release the Sentix investor confidence indicator for December. At 10:00 GMT, the eurozone will announce a change in the unemployment rate for October. In addition, at 10:00 GMT, ECB President Christine Lagarde will deliver a speech. At 14:45 GMT, in the United States, the S&P Global manufacturing PMI for November will be released, and at 15:00 GMT - the ISM manufacturing PMI for November. Also at 15:00 GMT, the United States will report on the change in construction spending for October.

On Tuesday, at 00:30 GMT, Australia will announce a change in the current account for the 3rd quarter. At 07:30 GMT, Switzerland will release the consumer price index for November. At 15:00 GMT, the United States will report changes in the job openings for October.

On Wednesday, at 00:30 GMT, Australia will announce the change in GDP for the 3rd quarter. At 01:45 GMT, China will publish the Caixin services PMI for November. Then the S&P Global services PMI for November will be in focus: France will report at 08:50 GMT, Germany at 08:55 GMT, the eurozone at 09:00 GMT, and Britain at 09:30 GMT. At 09:00 GMT, the head of the Bank of England, Andrew Bailey, will make a speech. At 10:00 GMT, in the eurozone, the producer price index for October will be released. At 13:15 GMT, the United States will announce a change in the number of employees from ADP for November. At 13:30 GMT, Canada will report changes in labor productivity for the 3rd quarter. Also at 13:30 GMT, ECB President Christine Lagarde will give a speech. At 14:45 GMT, the United States will publish the S&P Global services PMI for November, and at 15:00 GMT - the ISM services PMI index for November. Also at 15:00 GMT, the United States will announce a change in factory orders for October. At 15:30 GMT, in the United States, a report on changes in oil reserves for the past week will be released. Also at 15:30 GMT, ECB President Christine Lagarde will give a speech. At 18:45 GMT, Fed Chairman Jerome Powell will speak. At 19:00 GMT, in the United States, the Fed “Beige Book” will be presented.

On Thursday, at 00:30 GMT, Australia will announce a change in the trade balance for October. At 06:45 GMT, Switzerland will report a change in the unemployment rate for November. At 07:00 GMT, Germany will announce a change in factory orders for October. At 07:45 GMT, France will report a change in industrial production for October. At 09:30 GMT, Britain will release the сonstruction PMI for November. At 10:00 GMT, the eurozone will announce a change in retail sales for October. Also on Thursday, there will be a meeting of OPEC+. At 13:30 GMT, the United States and Canada will report a change in the trade balance for October. Also at 13:30 GMT, the United States will announce a change in the number of initial applications for unemployment benefits over the past week. At 15:00 GMT, in Canada, the Ivey business activity index for November will be released. At 23:30 GMT, Japan will announce changes in average cash earnings and household spending for October.

On Friday, at 05:00 GMT, Japan will release an index of leading indicators for October. At 07:00 GMT, Germany will report a change in industrial production for October. Also at 07:00 GMT, in the UK, the Halifax house price index for November will be released. At 07:45 GMT, France will announce a change in the trade balance for October. At 10:00 GMT, the eurozone will announce changes in GDP and employment levels for the 3rd quarter. At 13:30 GMT, Canada will report changes in the number of employed and the unemployment rate for November. Also at 13:30 GMT, the United States will announce changes in the non farm payrolls, the unemployment rate, the average hourly earnings and the average weekly hours for November. At 15:00 GMT, in the United States, the Reuters/Michigan consumer sentiment index for December will be released. At 18:00 GMT, in the United States, the Baker Hughes report on active oil platforms for the past week will be released. At 20:00 GMT, the United States will announce a change in consumer credit for October.

On Saturday, at 03:00 GMT, China will announce a change in the trade balance for November.

On Sunday, at 23:50 GMT, Japan will report changes in bank lending for November, GDP for the 3rd quarter and the current account for October.

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