?? The Week Ahead: Market Insights (Week of 25 November 2024)
This week, keep an eye on key events that could shape the market outlook:
?? Tuesday, 26 November: U.S. CB Consumer Confidence data will reveal insights into consumer optimism, with recent trends signaling robust job market performance and easing inflation concerns.
??? Wednesday, 27 November:
??The Reserve Bank of New Zealand is likely to hold rates steady, following a 50-basis point cut last month.
??The second estimate for U.S. Q3 GDP will highlight sustained growth, primarily driven by consumer spending.
??U.S. Core PCE Price Index data could signal whether inflationary pressures are moderating, crucial for gauging Fed policy.
These events offer a roadmap for navigating potential market volatility. Stay ahead with PU Prime’s insights!
?? What’s your market strategy this week? Let us know in the comments!
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