Week ahead: November’s US CPI rates, ECB, RBA and BoC to move the markets

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Week ahead: November’s US CPI rates, ECB, RBA and BoC to move the markets
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The week is about to come to an end, and we have a look at what next week has in store for the markets.

On Monday we make a start with Japan’s revised GDP rate for Q3 and October’s current account balance, while from China we get the November inflation metrics and later on we get Eurozone’s December Sentix index. On Tuesday, we get China’s trade data for November while RBA is to release its interest rate decision and later we get the Czech Republic’s November CPI rates.

Nonetheless, should the relatively hawkish sentiment be echoed from other BOJ policymakers as well, it could aid the JPY. On a macroeconomic level, we note the release of Japan’s Tankan index figures next Friday. Should the figures point to a healthy Japanese economy, it could aid the Yen and even further, could provide a boost to the bank’s ambitions to continue on their rate hiking cycle.

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