Week 45 Global Market Projections: Anticipating Economic Indicators in the UK, Eurozone, USA, and China

🇬🇧 UK

Unemployment Rate (14/11): The unemployment rate is 4.3% at the moment and it is expected to be 4.40%

Core Inflation Rate YoY (15/11): Core consumer Prices in the UK increased to 6.10% and are expected to be 5.40%

🇪🇺 EUR

GDP Growth Rate QoQ (14/11): The Euro area economy shrank 0.1% last quarter. It is expected to be 0.2% by the end of this quarter.

Employment Change data (14/11): Employment In the Euro Area increased by 0.10%. Employment Change in the Euro Area is expected to be 0.20 per cent by the end of this quarter.

Industrial Production MoM (15/11) - Industrial production MoM in the euro area is expected to be 0.2%, which was 0.6% as per the last data release

ECB President Lagarde Speech (16/11)

Inflation Rate YoY final (17/11): The inflation Rate In the Euro Area decreased to 2.90 per cent in October (flash data) from 4.30 per cent in September of 2023. It is expected to be 2.9%.

🇺🇸 USA

Core Inflation Rate (14/11): Inflation Rate in the United States remained unchanged at 3.70 per cent in September. It is expected to be 3.3% in the upcoming data release.

Purchasing Price Index (PPI) MoM (15/11): Producer Price Inflation MoM in the United States decreased to 0.50 per cent in September from 0.70 per cent in August 2023. It is expected to be 0.1% in the Oct Data release.

Other

🇨🇳 China: Industrial Production YoY (15/11): Industrial Production in China increased by 4.50% in September of 2023 over the same month in the previous year. Industrial Production in China is expected to be 3.10%.