Important Economic News Calendar: November 25 – November 29, 2019

The global financial markets barely moved last week as economic data releases didn’t bring any meaningful surprises. So will the Thanksgiving holiday week bring volatility to the financial markets? Actually, we may see some market movements in the first half of this week. Let’s take a look at the details.

The week behind

Last week’s economic data releases had a rather limited impact on the financial markets. However, we saw some increased intraday to short-term volatility following Wednesday’s and Friday’s releases. Overall, it was worth watching the Wednesday’s FOMC Meeting Minutes release as stocks rebounded sharply off their intraday lows. And we did mention that data release in our last week’s Important Economic News Calendar.  Then Friday was indeed data-heavy in Europe, as the releases pushed Euro and the price gold lower at the end of the week.

The week ahead

What about the coming week? Thursday and Friday will be all about the Thanksgiving holiday break. But first, we will have Consumer Confidence, GDP and Chicago PMI releases on Tuesday and Wednesday. So we may see some market movements in the first half of the week. Additionally, forex traders will likely await economic data releases from Australia and Canada. Let’s take a look at key highlights:

• The main economic data releases of the coming week will be Tuesday’s Conference Board and Wednesday’s Preliminary GDP and Chicago PMI numbers.
• We will also have some pretty important economic data releases from Australia and Canada this week.
• The Thanksgiving holiday weekend will probably decrease global financial markets volatility on Thursday and Friday.

You will find this week’s the key news releases below (EST time zone). For your convenience, we broken them down per market to which they are particularly important, so that you know what to pay extra attention to, if you have or plan to have positions in one of them. Moreover, we put the particularly important news in bold. This kind of news is what is more likely to trigger volatile movements. The news that are not in bold usually don’t result in bigger intraday moves, so unless one is engaging in a particularly active form of day trading, it might be best to focus on the news that we put in bold. Of course, you are free to use the below indications as you see fit. As far as we are concerned, we are usually not engaging in any day trading during days with “bold” events on a given market. However, in case of more medium-term trades, we usually choose to be aware of the increased intraday volatility, but not change the currently opened position.

Gold, Silver and Mining Stocks

Monday, November 25

• 6:50 p.m. Australia - RBA Deputy Governor Debelle Speech

Tuesday, November 26

• 4:05 a.m. Australia -  RBA Governor Lowe Speech
• 10:00 a.m. U.S. - CB Consumer Confidence, Richmond Manufacturing Index, New Home Sales
• 7:30 p.m. Australia - Construction Work Done q/q

Wednesday, November 27

• 8:30 a.m. U.S. - Preliminary GDP q/q, Durable Goods Orders m/m, Core Durable Goods Orders m/m, Unemployment Claims
• 9:45 a.m. U.S. - Chicago PMI
• 10:00 a.m. U.S. - Personal Spending m/m, Personal Income m/m, Core PCE Price Index m/m, Pending Home Sales m/m
• 2:00 p.m. U.S. - Beige Book
• 7:30 p.m. Australia - Private Capital Expenditure q/q

Thursday, November 28

• All Day U.S. – Thanksgiving Day

Friday, November 29

• 3:55 a.m. Eurozone - German Unemployment Change
• 5:00 a.m. Eurozone - CPI Flash Estimate y/y, Core CPI Flash Estimate y/y, Unemployment Rate, Italian Preliminary CPI m/m
• 8:30 a.m. Canada - GDP m/m, RMPI m/m, IPPI m/m
• 8:00 p.m. China - Manufacturing PMI, Non-Manufacturing PMI

Crude Oil

Monday, November 25

• 6:50 p.m. Australia - RBA Deputy Governor Debelle Speech

Tuesday, November 26

• 4:05 a.m. Australia -  RBA Governor Lowe Speech
• 10:00 a.m. U.S. - CB Consumer Confidence, Richmond Manufacturing Index, New Home Sales
• 4:30 p.m. U.S. - API Weekly Crude Oil Stock
• 7:30 p.m. Australia - Construction Work Done q/q

Wednesday, November 27

• 8:30 a.m. U.S. - Preliminary GDP q/q, Durable Goods Orders m/m, Core Durable Goods Orders m/m, Unemployment Claims
• 9:45 a.m. U.S. - Chicago PMI
• 10:00 a.m. U.S. - Personal Spending m/m, Personal Income m/m, Core PCE Price Index m/m, Pending Home Sales m/m
• 10:30 a.m. U.S. - Crude Oil  Inventories
• 2:00 p.m. U.S. - Beige Book
• 7:30 p.m. Australia - Private Capital Expenditure q/q

Thursday, November 28

• All Day U.S. – Thanksgiving Day

Friday, November 29

• 3:55 a.m. Eurozone - German Unemployment Change
• 5:00 a.m. Eurozone - CPI Flash Estimate y/y, Core CPI Flash Estimate y/y, Unemployment Rate, Italian Preliminary CPI m/m
• 8:30 a.m. Canada - GDP m/m, RMPI m/m, IPPI m/m

8:00 p.m. China - Manufacturing PMI, Non-Manufacturing PMI

Stock Markets

Monday, November 25

• 4:00 a.m. Eurozone - German Ifo Business Climate

Tuesday, November 26

• 2:00 a.m. Eurozone - German GfK Consumer Climate
• 9:00 a.m. U.S. - HPI m/m, S&P/CS Composite-20 HPI y/y
• 10:00 a.m. U.S. - CB Consumer Confidence, Richmond Manufacturing Index, New Home Sales
• 4:30 p.m. U.S. - API Weekly Crude Oil Stock

Wednesday, November 27

• 2:00 a.m. Eurozone - German Import Prices m/m
• 8:30 a.m. U.S. - Preliminary GDP q/q, Durable Goods Orders m/m, Core Durable Goods Orders m/m, Unemployment Claims
• 9:45 a.m. U.S. - Chicago PMI
• 10:00 a.m. U.S. - Personal Spending m/m, Personal Income m/m, Core PCE Price Index m/m, Pending Home Sales m/m
• 10:30 a.m. U.S. - Crude Oil Inventories
• 2:00 p.m. U.S. - Beige Book
• 6:50 p.m. Japan - Retail Sales y/y

Thursday, November 28

• 3:00 a.m. Eurozone - Spanish Flash CPI y/y
• 4:00 a.m. Eurozone - M3 Money Supply y/y, Private Loans y/y
• All Day U.S. – Thanksgiving Day

Friday, November 29

• 3:55 a.m. Eurozone - German Unemployment Change
• 5:00 a.m. Eurozone - CPI Flash Estimate y/y, Core CPI Flash Estimate y/y, Unemployment Rate, Italian Preliminary CPI m/m
• 8:00 p.m. China - Manufacturing PMI, Non-Manufacturing PMI  

EUR/USD

Monday, November 25

• 4:00 a.m. Eurozone - German Ifo Business Climate
• 9:00 a.m. Eurozone - Belgian NBB Business Climate

Tuesday, November 26

• 2:00 a.m. Eurozone - German GfK Consumer Climate
• 9:00 a.m. U.S. - HPI m/m, S&P/CS Composite-20 HPI y/y
• 10:00 a.m. U.S. - CB Consumer Confidence, Richmond Manufacturing Index, New Home Sales
• 4:30 p.m. U.S. - API Weekly Crude Oil Stock

Wednesday, November 27

• 2:00 a.m. Eurozone - German Import Prices m/m
• 8:30 a.m. U.S. - Preliminary GDP q/q, Durable Goods Orders m/m, Core Durable Goods Orders m/m, Unemployment Claims
• 9:45 a.m. U.S. - Chicago PMI
• 10:00 a.m. U.S. - Personal Spending m/m, Personal Income m/m, Core PCE Price Index m/m, Pending Home Sales m/m
• 10:30 a.m. U.S. - Crude Oil Inventories
• 2:00 p.m. U.S. - Beige Book

Thursday, November 28

• 3:00 a.m. Eurozone - Spanish Flash CPI y/y
• 4:00 a.m. Eurozone - M3 Money Supply y/y, Private Loans y/y
• All Day U.S. – Thanksgiving Day

Friday, November 29

• 2:00 a.m. Eurozone - German Retail Sales m/m
• 2:45 a.m. Eurozone - French Consumer Spending m/m, French Preliminary GDP q/q, French Preliminary CPI m/m
• 3:55 a.m. Eurozone - German Unemployment Change
• 4:00 a.m. Eurozone - Italian Monthly Unemployment Rate
• 5:00 a.m. Eurozone - CPI Flash Estimate y/y, Core CPI Flash Estimate y/y, Unemployment Rate, Italian Preliminary CPI m/m
• 8:00 p.m. China - Manufacturing PMI, Non-Manufacturing PMI

USD/JPY

Monday, November 25

• 6:50 p.m. Japan - Corporate Services Price Index (CSPI) y/y

Tuesday, November 26

• 0:00 a.m. Japan - BOJ Core CPI y/y
• 9:00 a.m. U.S. - HPI m/m, S&P/CS Composite-20 HPI y/y
• 10:00 a.m. U.S. - CB Consumer Confidence, Richmond Manufacturing Index, New Home Sales

Wednesday, November 27

• 8:30 a.m. U.S. - Preliminary GDP q/q, Durable Goods Orders m/m, Core Durable Goods Orders m/m, Unemployment Claims
• 9:45 a.m. U.S. - Chicago PMI
• 10:00 a.m. U.S. - Personal Spending m/m, Personal Income m/m, Core PCE Price Index m/m, Pending Home Sales m/m
• 2:00 p.m. U.S. - Beige Book
• 6:50 p.m. Japan - Retail Sales y/y

Thursday, November 28

• 6:30 p.m. Japan - Unemployment Rate, Tokyo Core CPI y/y, Preliminary Industrial Production m/m
• All Day U.S. – Thanksgiving Day

Friday, November 29

• 0:00 a.m. Japan - Consumer Confidence, Housing Starts y/y
• 8:00 p.m. China - Manufacturing PMI, Non-Manufacturing PMI

Thank you for staying up-to-date and good luck in all your trades. If you’d like to receive notifications similar to the above on each Monday free of charge, we invite you to sign up for our free mailing list. If you sign up today, you’ll also get 7 days of free access to our premium Trading Alerts for Precious Metals, Crude Oil, and Currencies, as well as our Day Trading Signals. Sign up today.

Paul Rejczak

Stock Trading Strategist

Sunshine Profits - Effective Investments through Diligence and Care

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Disclaimer

All essays, research and information found above represent analyses and opinions of Paul Rejczak and Sunshine Profits' associates only. As such, it may prove wrong and be a subject to change without notice. Opinions and analyses were based on data available to authors of respective essays at the time of writing. Although the information provided above is based on careful research and sources that are believed to be accurate, Paul Rejczak and his associates do not guarantee the accuracy or thoroughness of the data or information reported. The opinions published above are neither an offer nor a recommendation to purchase or sell any securities. Mr. Rejczak is not a Registered Securities Advisor. By reading Paul Rejczak’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Paul Rejczak, Sunshine Profits' employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.

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