TC Economic Insight - The Week Ahead (November 25-29)

By

Kim Ming Lam

November 24, 2024

3

Min Read

TC Economic Insight - The Week Ahead (November 25-29)

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

We are looking into the trading week of November 25-29:

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:

The U.S. Federal Reserve will decide on interest rates for the last time this year on December 18 (Wednesday).

According to CME Group’s “FedWatch” tool, traders are seeing about 53% chance the central bank cutting rates by 25 basis points and about 47% it holding rates unchanged. 

Next week, on November 27 (Wednesday), the U.S. will release another set of inflation data.

According to Trading Central's "Economic Insight", U.S. Core PCE (Personal Consumption Expenditure) Price Inflation will be stable at 2.7% year on year in October. 

In the past 12 Japan Inflation Reports, within one hour from the event, EUR/USD rose in 58% of times (7 out of 12 events), marking a trading range of 24.76 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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