mask Week Ahead | Economic & Geo-Political Tensions holds Dollar Boosted

12/ 11/ 2018

Week Ahead | Economic & Geo-Political Tensions holds Dollar Boosted

12th November 2018 - 16th November 2018

Monday

•             Veterans Day

 

Tuesday

•             GBP average Hourly earnings

•             ZEW Survey- Economic sentiment

United Kingdom will release their GBP Average Hourly earnings for this quarter which will be a key indicator of their current status of wages sector of UK amidst the Brexit uncertainty.

 

Wednesday

•             GBP Consumer price index

•             EUR Gross domestic products

•             USD consumer price index Ex food & Energy

 

During mid-day GBP Consumer Price Index will be released to indicate the current inflationary & purchasing trends of UK Market.

EUR Gross Domestic Products which is the key indicator of the current Inflationary level for the Eurozone with current geo-political risk remains the key area of focus.

USD consumer price index is the producer price index which measures price increases before they reach the consumer excluding Food & Energy to obtain an accurate figure.

 

Thursday

•             AUD Employment change & Unemployment rate

•             USD Retails sales & Fed Chairperson Jerome Powell’s Speech

 

By early dawn,  Australia will release their Employment Change & Unemployment Rate which will be a key indicator of the Job Sector Growth & also about its future projections as well.

USD Retail Sales will be a key indicator of the wide consumer spending of the US Sector and followed Jerome Powell will be speaking on the economic outlook & Its future projections for December Interest Rate decisions.

 

Friday

•             EUR Consumer price Index & ECB President Draghi’s Speech

•             USD Industrial production

 

Finally to conclude the Semi-Busy week Euro Zone will have two major events & one of that being Mario Draghi’s Speech on the current economic status of Eurozone & their future projections. Followed by Consumer Price Index report which is a key indicator of their current purchasing trends & their inflationary levels.

Finally to conclude the week, US will release their Industrial Production report.