The United States will publish the Federal Open Market Committee Meeting Minutes on November 24, at 21:00 GMT+2.
The USD may rise on the important updates
The levels of retail sales and core retail sales for the US will be released on February 14 at 15:30 MT time.
Retail sales represent the total value of sales at the retail level. This indicator is also a good measure of consumer spending, which shows the overall economic activity of the country. As for the core level, it does not include automobile sales. If this time the releases are higher than the predictions, the USD will be supported.
• If the indicators are higher than expected, the USD will rise;
• If the indicators are lower than expected, the USD will fall.
Last week was not full of events, but we still saw decent moves in the charts of majors, S&P500, NASDAQ, oil, and crypto. The upcoming week will bring even more volatility to your favorite assets!
The US will release the Philly Fed Manufacturing Index – the impactful event for the USD and thus for all the major pairs. It will be out on November 18 at 15:30 MT (GMT+2).
OPEC-JMMC meetings will be hosted on Thursday, December 2 during the whole day.
ISM Manufacturing PMI will be announced at 17:00 MT (GMT+2) on Wednesday, December 1.
The Eurozone will publish the Indicator of GfK Consumer Confidence on November 25, at 09:00 GMT+2.