Forex news and the most important economic events on the economic calendar this week 4-8 December

During this week, investors are awaiting many forex news about developments in the political situation in the United States, and they will also focus on many important data on the US economy about the monthly jobs in the US non-farm sector during the month of November, which is scheduled to be released later in the day. Friday.

Meanwhile, global markets are awaiting interest rate reviews in Canada and Australia.

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Forex news

Below are the details of the most important forex news on the global economic scene this week

Monday 4th December

Australia is scheduled to announce its report on corporate earnings, and Britain will release its data on construction sector activity. Later on Monday, a group of eurozone finance ministers is also scheduled to hold meetings in the Belgian capital, “Brussels,” and in the United States. Several data on factory orders will be published.

Tuesday December 5

Australia will release its data on retail sales and the current account, the Reserve Bank of Australia will announce the benchmark interest rate, in addition to publishing a statement on policies that determine economic conditions and factors that affect monetary policy decision, and China will disclose a reading In Britain, several important data on the activity of the services sector are scheduled to be released, on the other hand, Canada and the United States will publish trade data, and the Institute of Supply Management will publish a report on the reading of the manufacturing index.

Wednesday December 6

Australia will release its data on third-quarter growth this year, the United States is also scheduled to release the new jobs report in the US non-farm sector during last November, and Canada will announce the benchmark interest rate, in addition to To publish a statement on the policies that determine the economic conditions and the factors that would affect the decision of monetary policy.

Thursday 7 December

Australia is scheduled to publish its data on the trade balance, and in Canada, several important data will be released on building permits along with the publication of the “Ivey” index reading, and in the United States the weekly report on initial jobless claims will be released, also scheduled during this Today, Mario Draghi will speak at an event in Frankfurt.

Friday December 8

Japan is scheduled to release its revised data on third-quarter growth, Australia is to publish data on home loans, China will release trade data, and in Britain a report on industrial production and trade balance will be published, and the United States is scheduled to conclude transactions This week, by issuing many important data about new jobs in the non-agricultural sector during last November, in addition to other data about consumer sentiment in the largest economy in the world.

 

Mohamed Abdel Khaleq
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