TC Economic Insight - The Week Ahead (November 11-15)

By

Kim Ming Lam

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November 10, 2024

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3

Min Read

TC Economic Insight - The Week Ahead (November 11-15)

TC Economic Insight - The Week Ahead (November 11-15)

Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.

We are looking into the trading week of November 11-15:

We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

We can select which major economies to focus on:

Last week, Donald Trump was elected to be the next U.S. president, the Federal Reserve cut interest rates by 25 basis points (as expected), and U.S. stocks rose to record-high levels.

Though a busy week for investors, they should have found it a profitable one.

Next comes key U.S. inflation data on Wednesday (November 13). According to Trading Central's "Economic Insight", the Inflation Rate is expected to rebound to 2.6% year on year in October (vs 2.4% in September).

In the past 12 U.S. Inflation Reports, within one hour from the event, EUR/USD fell in 58% of times (7 out of 12 events), marking a trading range of 56.68 pips on average.

Key Economic Data Forecasts:

(GMT+02:00 Central European Time) 

Happy Trading!

Source: Trading Central Economic Insight

Kim Ming Lam

Head of APAC Research
Ming graduated from Hong Kong University with a Bachelor's degree in mechanical engineering. He has been working in the financial services sector for over 10 years. He is currently tasked with providing clients with technical analysis views on forex and Asian stock indexes.

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