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New review of events in the upcoming week

The dollar index (#DX) closed in the positive zone. The indicator approached annual highs.

The central banks of Australia and New Zealand kept the key marks of monetary policy.

The Fed, as expected, left the key interest rate range at the same level of 2.00%-2.25%.

The regulator noted a stable growth of the economy and a strong labor market.

The Central Bank plans to adhere to a gradual increase in interest rates. Demand for the US currency is still high.

In the upcoming trading week, we recommend you to pay attention to the following macroeconomic events and reports.

Monday, November 12th

On Monday, the news feed will be calm. The publication of important economic reports is not planned.

We recommend following the current information regarding Brexit and the trade conflict between the United States and China.

Tuesday, November 13th

On Tuesday, the Office for National Statistics will publish a report on the labor market at 11:30 (GMT+2:00).

At 12:00 (GMT+2:00) we expect German ZEW economic sentiment index.

Wednesday, November 14th

On Wednesday, the attention of financial market participants will be focused on the following statistics:

  • A preliminary report on Japan’s GDP at 01:50 (GMT+2:00);
  • The volume of industrial production in China at 04:00 (GMT+2:00);
  • Data on German GDP at 09:00 (GMT+2:00);
  • The consumer price index in the UK at 11:30 (GMT+2:00);
  • Statistics on inflation in the US at 15:30 (GMT+2:00).

Thursday, November 15th

On Thursday, we also expect the publication of important economic reports:

  • Statistics on the labor market in Australia at 02:50 (GMT+2:00);
  • The volume of retail sales in the UK at 11:30 (GMT+2:00);
  • The core retail sales index in the US at 15:30 (GMT+2:00);
  • Philadelphia Fed manufacturing index at 15:30 (GMT+2:00).

Friday, November 16th

On Friday, The trading week will end with the publication of inflation report in the Eurozone at 12:00 (GMT+2:00).

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