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Key Takeaways
- Lightweight agenda on the news front for traders this week
- Inflation data coming up on Wednesday from the UK and the European Union
Lightweight Economic Agenda Ahead for Traders
The week starting Monday, November 15, will be defined by several important events on the agenda for traders and investors. In focus in the financial markets will be primarily economic news and reports outside of the US. In addition, the calendar this week is relatively light, allowing market participants to digest recent developments.
On Monday, there will be no major news or updates for the global economy.
On Tuesday, the UK releases its average earnings index along with the October claimant count change at 02:00 am EST. Later, at 08:30 am EST, the US will release its retail sales report for October, on a monthly basis.
Inflation Data from the UK and the European Union
On Wednesday, the UK delivers its CPI report, or inflation data, for October at 02:00 am EST. Further, the eurozone will also report its own CPI numbers for October at 05:00 am EST. Next, the US will announce its building permits for October at 08:30 am EST. Canada comes after with its inflation data in the October consumer price index slated for 08:30 am EST.
On Thursday, the agenda on major events is blank.
On Friday, the UK reports its retail sales figures for October at 02:00 am EST. Afterward, Canada comes in with its core retail sales number for the month of September.
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