• Fundamentals to watch out for this week

    Source: FxWire Pro - Commentary / 20 Nov 2017 06:04:56   Eastern Standard Time

    This week is a relatively light with volatility risks, both in terms of data and events.

    What to watch for over the coming days:

    • Central Banks:

    European Central Bank (ECB) president Draghi is set for a speech on Monday at 14:00 GMT. Reserve Bank of Australia (RBA) governor Phillip Lowe is set for a speech on Tuesday. U.S. Federal Reserve will release its minutes of the meeting on Wednesday. Swiss National Bank (SNB) chairman Jordon is set for a speech on Thursday.

    • Key economic data:

    UK third quarter flash GDP report will be released on Thursday. German IFO survey report will be released on Friday

    • UK budget:

    Chancellor of the Exchequer Phillip Hammond will present UK autumn budget statement on Wednesday.

    Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.

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