Home Article Market News Major Economic Calendar For The Week 23-27 November 2020

Major Economic Calendar For The Week 23-27 November 2020

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Ahead of the next week, minutes from the Federal Reserve and European Central Bank will be in the spotlight, and ended with the Thanksgiving holiday in the US and with Black Friday, with the hope of positive signs from consumer spending. Also, vaccine hopes and rising infections could trigger market sentiment.

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Below are the main economic data to be published next week along with expectations from the Monsun Asia.
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23 November 2020 – Monday

1) New Zealand Retail Sales for Q3 (05:45 Malaysia Time) — Bullish Prediction — Consumer spending should have recovered in Q3.

2) Markit Eurozone PMI for November (17:00 Malaysia Time) — Bearish Prediction — Lockdowns should dampen economic activity and sentiment.

3) Markit/CIPS UK PMI for November (17:30 Malaysia Time) — Bearish Prediction — Lockdowns should dampen economic activity and sentiment.

4) Markit US PMI for November (22:45 Malaysia Time) — Bearish Prediction — Lockdowns & virus spread should dampen economic activity and sentiment.

24 November 2020 – Tuesday

1) German GDP for Q3 (15:00 Malaysia Time) — Bearish Prediction — Lockdowns & virus spread should dampen economic activity and sentiment.

2) US CB Consumer Confidence for November (23:00 Malaysia Time) — Bearish Prediction — Lockdowns & virus spread should dampen sentiment.

25 November 2020 – Wednesday

1) US Preliminary GDP for Q3 (21:30 Malaysia Time) — Bearish Prediction — Weaker in average hourly earnings growth and retail sales.

26 November 2020 – Thursday

1) FOMC Meeting Minutes for November(03:00 Malaysia Time) — No Prediction — No prediction on Central Bank minutes.

27 November 2020 – Friday

1) Eurozone Economic Confidence for November (18:00 Malaysia Time) — Bearish Prediction — Lockdowns & virus spread should dampen economic activity and sentiment.

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⚠️ USE THESE DATA TO MANAGE YOUR TRADE AHEAD OF THE EVENT. NOT TO TRADE DURING NEWS RELEASE.
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