Hey traders! Welcome back to your weekly market briefing for November 30 to December 6 — a massive week loaded with economic events, central bank speeches, and global market catalysts that could create explosive volatility across gold, USD, oil, and equities. Let’s break it all down!
SUNDAY – OPEC TAKES CENTER STAGE
“We kick off with OPEC and OPEC-JMMC meetings, where any surprise production cuts could ignite oil prices. And remember — rising oil usually means rising inflation, which instantly impacts gold, USD, and Fed expectations.”
MONDAY – JAPAN & U.S. MANUFACTURING DATA
“At 8:05 AM, BOJ Governor Ueda speaks — always a risk event for JPY.
Then at 10 PM, the U.S. releases ISM Manufacturing PMI and Manufacturing Prices.
A weaker PMI could push USD down and boost gold, while higher price pressure signals inflation may re-accelerate.”
TUESDAY – THE BIG ONE: POWELL SPEAKS
“On Tuesday, Fed Chair Jerome Powell delivers a key speech.
A dovish tone could send gold shooting higher, while hawkish comments may lift the dollar.
Later, the Eurozone drops CPI Flash inflation figures — if they come in hot, EUR could spike as ECB rate-cut expectations fade.”
WEDNESDAY – JOBS & SERVICES DOMINATE
“Wednesday brings major volatility with Australia GDP, U.S. ADP Non-Farm Employment, and the important ISM Services PMI.
ADP is forecast at only 19K — if it disappoints, gold may surge.
Plus, ECB President Lagarde speaks twice, adding fuel to EUR volatility.”
THURSDAY – U.S. LABOR MARKET SQUEEZE
“We get Challenger Job Cuts and Weekly Unemployment Claims at 8:30 PM.
These numbers always hit XAU/USD hard — even a 10K surprise can move gold by 2 to 5 dollars in seconds.”
FRIDAY – BIG FINISH WITH USD & CAD DATA
“Canada releases jobs data, while the U.S. publishes the Fed’s preferred inflation gauge: Core PCE m/m, along with Consumer Sentiment and Inflation Expectations.
These reports can completely reset the market’s view on whether the Fed cuts rates next month.”
“Beyond the calendar, traders must watch three major forces:
1️⃣ Safe-haven flows into gold as geopolitical tensions and global uncertainty rise.
2️⃣ Bond yields softening, which supports gold short-term.
3️⃣ Ongoing shifts in ETF gold holdings, showing institutions quietly adding exposure again.
These hidden factors can amplify volatility around every major news release this week.”
“So traders, buckle up — this week is a battlefield of news. Oil reacts to OPEC, USD reacts to Powell, EUR reacts to inflation, and gold reacts to everything.
Stay sharp, manage risk carefully, and follow the data — because big opportunities are coming!”
