The financial world prepares for a week of important economic indicators and political decisions. From November 25 to 29, investors will be closely monitoring events that could affect market sentiment and the economic outlook.
Brazil’s economic landscape takes center stage at the start of the week. The Central Bank of Brazil publishes its focus report on Monday. This document provides valuable insights into market expectations for key economic variables.
Tuesday brings the IPCA-15, Brazil’s preliminary inflation gauge. This figure often sets the tone for monetary policy discussions. The construction sector hosts INCC-M, which tracks costs in residential building projects.
Thursday sees the release of the IGP-M, commonly known as the “rent inflation” index. This metric affects various contracts and public fees. The PPI, measuring changes in output prices, also falls on this day.
Employment trends come into focus with the CAGED report on Thursday afternoon. These data provide an overview of the dynamics of the labor market across the country.
The week closes with Brazil’s unemployment rate on Friday. This figure often serves as a barometer for overall economic health.
Global markets will summarize some important releases during the week. US consumer confidence figures are out on Tuesday, providing clues about spending patterns.
The minutes of the Federal Reserve meeting, due on Tuesday, will attract considerable attention. Investors hope to gather insights into the central bank’s decision-making process and future policy direction.
Wednesday brings the US GDP report, a comprehensive measure of economic activity. The European Central Bank is also holding a policy meeting, which could influence the Eurozone’s monetary strategies.
Germany releases its CPI on Thursday, while Mexico’s central bank minutes become available. US markets observe Thanksgiving, potentially impacting global trade volumes.
Friday sees inflation data from the Eurozone and France, along with French GDP figures. German retail sales figures will shed light on consumer behavior in Europe’s largest economy.
The week ends with China’s PMI data, providing a glimpse into the manufacturing and services sectors of the world’s second-largest economy.
These events can significantly affect currency values, stock prices and bond yields. Traders should remain vigilant, as unexpected data can lead to rapid market movements.
Investors should weigh these indicators against broader economic trends and geopolitical factors. A balanced approach, taking into account both short-term fluctuations and the long-term outlook, remains essential in navigating this data-rich week.
Economic Calendar for the Week of November 25 to November 29, 2024
Monday, November 25
Brazil
- 8:00 – FGV Consumer Confidence
- 08:30 – Focus Bulletin
- 08:30 – Current account balance (USD) (October)
- 08:30 – Foreign Direct Investment (USD) (October)
Tuesday, November 26
Brazil
- 9:00 – IPCA-15
- INCC-M (National Construction Cost Index)
United States
- 12:00 – CB Consumer Confidence (November)
- 16:00 – Minutes of the FOMC meeting
Wednesday, November 27
EURO AREA
- 5:00 a.m. – The European Central Bank’s (ECB) Non-Monetary Policy Meeting.
United States
- 10:30 – GDP (quarterly)
Thursday, November 28
Brazil
- 8:00 – IGP-M (General Market Price Index)
- 08:30 – Bank loan (October)
- 10:00 – PPI (Producer Price Index) (October)
- 2:30 pm – CAGED Employment Evolution Index (October)
United States
Germany
- 10:00 – CPI (Consumer Price Index)
Mexico
- 10:00 a.m. – Minutes of the monetary policy meeting
Friday, November 29
Brazil
- 9:00 – Unemployment rate (October)
United States
- Thanksgiving Holiday – Early closing at 1:00 p.m
Germany
France
- 04:45 – GDP (quarterly)
- 4:45 – CPI
EURO AREA
China
- 10:30 – Manufacturing PMI
- 22:30 – Composite PMI
