Hey traders! Here’s your Weekly Market Outlook for November 23rd to 29th — a week packed with high-impact data that could shake the markets!
“Tuesday is the first big volatility day of the week, with multiple high-impact releases from the United States:
Core PPI m/m
“Previous was -0.1%. If this jumps higher, markets may price in a more hawkish Fed.”
Core Retail Sales & Retail Sales m/m
“Core Retail Sales came in at -0.1% previously, while Retail Sales rose 0.6%.
Weak numbers could pressure the USD and push gold higher.”
PPI m/m
“Producer inflation will signal whether price pressures are cooling or not.”
“These releases will heavily affect USD pairs, Gold (XAU/USD), and U.S. equities. Buckle up for volatility!”
“On Wednesday, New Zealand takes center stage with a series of major announcements:
Official Cash Rate (RBNZ)
“Forecast: 2.25%, down from 2.50%.
A cut could send NZD sharply lower.”
RBNZ Monetary Policy Statement + Press Conference
“The press conference is always the real market mover. Words matter more than numbers here.”
Australian CPI y/y
“Previous at 3.5%.
Higher CPI cause stronger AUD.
Lower CPI cause AUD weakness.”
“Wednesday will be a storm for NZD and AUD traders — watch your stop losses!”
“As we approach the end of the week:
U.S. Unemployment Claims
“Previous: 220K. Rising claims often weaken the USD.”
Core PCE Price Index m/m
“The Fed’s favorite inflation gauge. This one can flip the entire market sentiment.”
Canada GDP m/m (Friday)
“Forecast is +0.2% after last month’s -0.3%.
A strong print could boost CAD significantly.”
“This week is loaded with market-moving events, especially for USD, NZD, AUD, and CAD. Manage your risk, follow the news, and stay sharp!”
“Want more weekly outlooks like this?
Hit Follow, drop a Like, and comment ‘CALENDAR’ if you want me to send you the next week’s breakdown!
See you in the markets!”
