... strengthen the euro. Lower-than-expected production could negatively impact European indices like the DAX. United Kingdom Bank of England Interest Rate Decision — Published at 12:00 GMT The Bank of England’s interest rate decision is a major event for UK markets. A rate hike typically supports the pound, while an unchanged rate might be viewed as a cautious approach amid inflation concerns. Any shift in policy will impact sectors sensitive to borrowing costs. Governor Bailey’s Speech — Published ...

The situation in the global financial markets remains tense. This is primarily due to the unstable political climate. A trade war is escalating between the USA and China, while the UK struggles with the implementation of Brexit, which may lead to its fragmentation, among other issues. The situation in global financial markets remains tense. Primarily, this is due to the unstable political climate. A trade war is escalating between ...

... volatility. Eurozone consumer confidence and German inflation data can influence ECB policy expectations and the euro's value. Friday, November 29 09:00 GMT: Switzerland – GDP for Q3 2024. 10:00 GMT: Eurozone – Preliminary CPI for November. 10:30 GMT: UK – Bank of England (BoE) Meeting Minutes. 13:30 GMT: Canada – GDP for Q3 2024. ECB Speeches: Nagel and De Guindos from the ECB are scheduled to speak. Impact on U.S. and Europe: Eurozone inflation data will be crucial for assessing ECB policy direction....

... indicate how U.S. households view future price growth. Elevated expectations may increase market speculation of further Federal Reserve interest rate hikes, potentially strengthening the dollar and influencing bond yields. Central Bank Speaker: Ramsden (UK) Dave Ramsden, Deputy Governor of the Bank of England, is expected to address topics related to the UK’s monetary policy. His comments may offer hints about potential policy adjustments amid ongoing economic challenges. Impact on Europe and the United ...

.... Conversely, a weaker-than-expected result may add to recession concerns. November 11 marks Veterans Day in the United States. United Kingdom Retail Sales Monitor (October) — Tentative Release Although this is a non-official retail indicator, the UK’s retail sales monitor gives early insights into consumer spending trends. Positive results may signal consumer resilience despite inflation, supporting the pound and UK indices such as the FTSE 100. India CPI Inflation (October) — Published at ...