A Week in the Market: Release of Significant Statistics (13-17 November)
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/11/13.11.2023-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="A Week in the Market: Release of Significant Statistics (13-17 November)" decoding="async" style="margin-bottom: 15px;" loading="lazy" /></div><p>The flow of macroeconomic statistics this week will be moderate but highly significant. We have compiled the most important upcoming events to be noted by the foreign exchange market.</p>
<h2>USD: focus on inflation</h2>
<figure><img decoding="async" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2021/01/usd-1.jpg" alt="USD: focus on inflation" class="wp-image-6662" srcset="https://blog.roboforex.com/wp-content/uploads/2021/01/usd-1.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2021/01/usd-1-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2021/01/usd-1-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>The main release is the <a href="https://blog.roboforex.com/blog/2022/06/30/what-is-inflation-reasons-and-consequences/" data-internallinksmanager029f6b8e52c="220" title="Inflation">inflation</a> report for October. The Consumer Price Index might have risen by 0.1% m/m from the previous increase of 0.4%. On an annual basis, inflation could have remained at 3.7%. However, it is essential to monitor base price movements as they might still be at the 4.1% mark y/y but could increase by 0.3% m/m. Any deviations from expectations will be important to the USD.</p>
<h2>China: fresh statistics</h2>
<figure><img decoding="async" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2021/01/china-1.jpg" alt="China: fresh statistics" class="wp-image-6663" srcset="https://blog.roboforex.com/wp-content/uploads/2021/01/china-1.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2021/01/china-1-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2021/01/china-1-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>China is set to release data on industrial production, fixed asset investments, and retail sales. The stronger the statistics for October, the better for the assets linked to risk.</p>
<div>
<div>
<div>
<p>Experience trading on favourable terms</p>
<p>Get access to 12,000 trading instruments, spreads starting from 0, and execution as fast as 0.01 seconds</p>
</div>
<div>
<img decoding="async" class="block-banner__image block-banner__image_mobile" src="https://blog.roboforex.com/wp-content/uploads/2023/09/conditions-mobile.png" alt="trading-conditions" /></div>
<a href="https://my.roboforex.com/en/register/tradingconditions/" target="_blank" rel="noopener">Open an Account</a>
</div>
<div>
<img decoding="async" class="block-banner__image block-banner__image_desktop" src="https://blog.roboforex.com/wp-content/uploads/2023/09/conditions-desktop.png" alt="trading-conditions" /></div>
</div>
<h2>EUR: expecting support</h2>
<figure><img decoding="async" loading="lazy" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2020/08/euro-1-1200×627.jpg" alt="EUR: expecting support" class="wp-image-5428" srcset="https://blog.roboforex.com/wp-content/uploads/2020/08/euro-1.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2020/08/euro-1-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2020/08/euro-1-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>The eurozone will present a final report on the Consumer Price Index for October. Inflation is expected to have fallen last month from 4.3% to 2.9% y/y. Such a result would mark the ECB’s victory over price pressure and could significantly support the <a href="https://roboforex.com/beginners/info/charts/forex/eurusd/" data-internallinksmanager029f6b8e52c="35" title="EUR/USD">EUR</a> position.</p>
<h2>AUD: employment market data</h2>
<figure><img decoding="async" loading="lazy" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2021/02/aud.jpg" alt="AUD: employment market data" class="wp-image-6794" srcset="https://blog.roboforex.com/wp-content/uploads/2021/02/aud.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2021/02/aud-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2021/02/aud-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>Australia is gearing up to publish data on the unemployment rate, jobless claims, and the Consumer Confidence Index. All the figures above the consensus forecast will work in the <a href="https://roboforex.com/beginners/info/charts/forex/audusd/" data-internallinksmanager029f6b8e52c="33" title="AUD/USD">AUD</a>’s favour.</p>
<h2>GBP: employment figures</h2>
<figure><img decoding="async" loading="lazy" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2020/11/gbp.jpg" alt="GBP: employment figures" class="wp-image-6086" srcset="https://blog.roboforex.com/wp-content/uploads/2020/11/gbp.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2020/11/gbp-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2020/11/gbp-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>The UK is set to release information on the unemployment rate, average wages, and changes in the number of jobless claims. Earnings growth is expected to slow down, which could be a good inflationary signal, helping to stabilise the <a href="https://roboforex.com/beginners/info/charts/forex/gbpusd/" data-internallinksmanager029f6b8e52c="36" title="GBP/USD">GBP</a> position.</p>
<p>
<a href="https://my.roboforex.com/en/register/">Open Trading Account</a></p><p>The post <a rel="nofollow" href="https://blog.roboforex.com/blog/2023/11/13/a-week-in-the-market-release-of-significant-statistics-13-17-november/">A Week in the Market: Release of Significant Statistics (13-17 November)</a> appeared first at <a rel="nofollow" href="https://blog.roboforex.com">R Blog – RoboForex</a>.</p>
Leave a Comment