... offering insights into wage growth and unemployment, which could shape the Bank of England’s policy direction. In Europe, Germany and the Eurozone’s ZEW Economic Sentiment Index will provide a gauge of business and investor confidence, impacting the euro and European stocks. The U.S. will release its Small Business Optimism Index and Redbook Retail Sales, critical indicators of consumer sentiment and spending patterns. Emerging market updates from Brazil and India on retail and industrial output ...

... decrease suggests continued resilience. 16:45 (MSK): Eurozone – ECB Press Conference The ECB president will present updated forecasts and elaborate on the monetary policy decision. This commentary could significantly impact European bond markets and the euro. 17:45 (MSK): Eurozone – ECB Economic Forecasts Projections for inflation and economic growth will provide guidance on the Eurozone’s future trajectory, influencing investment strategies and market expectations. 18:30 (MSK): USA – Natural Gas ...

... Goolsbee (U.S.): Expected to discuss the U.S. economic outlook and potential Fed decisions, critical for global markets. Focus Points: G20 discussions may address geopolitical issues affecting global and regional markets. ECB statements could influence the euro, especially if they hint at policy shifts. Tuesday, November 19 G20 Summit (Day 2): Foreign ministers from key European nations (Poland, France, Germany, UK, Italy) will discuss the Ukraine conflict’s economic impacts and Europe’s future after ...

... Europe. Traders should pay close attention to the following key indicators and reports. Monday, November 25 10:00 GMT: Germany – Ifo Business Climate Index for November. This indicator reflects the business sentiment in Germany and can impact the euro's exchange rate. 14:30 GMT: U.S. – Chicago Fed National Activity Index for October. This provides insight into the overall economic activity in the U.S. 16:30 GMT: U.S. – Dallas Fed Manufacturing Business Index for November. This reflects the ...

... dependence on the U.S. have begun developing alternative financial instruments, including transactions in national currencies. Decreasing Dollar Share in Reserves: Many central banks have started actively increasing their allocations in gold, yuan, and euros, reflecting the trend of dedollarization. Implications for the Global Economy The reduction of investments in dollar-denominated assets may impact several aspects of the global economy: Rise of Alternative Currencies: An increased share of assets ...