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Investing.com – After another week of volatility in the business world, investors are eager to see next week.
The Federal Reserve should pay close attention to its statement. After Wednesday 's meeting, but more importantly, investors will be alert to signals from the US central bank and their plans for next year.
A recent wave of weaker-than-expected economic data coupled with concerns over the current US-China trade dispute has spurred rumors that the Fed could end its cycle of rising interest rates. Interest in 2019.
On the data side, the final reading of US growth in the first quarter will be the highlight of the week. growth figures are expected to be released this week. Property data should also be released in November
As for central banks, the monetary policy announcements of the Bank of England and the Bank of Japan will also be on the agenda, even though it is highly unlikely that any of them will move. in terms of monetary policy.
Investors will be aware of trade disputes between the United States and China to see if other news materializes, given recent signs that the world's two largest economies are using it to resolve their differences.
Washington and Beijing have engaged in a trade dispute for most of the year, with both countries applying their tariffs on several products.
Tariffs have raised market concerns about a possible slowdown in global economic growth
] Before next week, Investing.com has compiled a list of the top five events in the economic calendar with a greater likelihood of Affect the markets.
1. Federal Reserve Decision on the Interest Rate
It is almost certain that the Federal Reserve will increase them by a quarter point for the fourth time this year at the end of the year. his two-day monetary policy meeting at 5 pm Wednesday. On Monday. This would put the federal funds target rate within a range of.
should attend a press conference that will be closely monitored, and this will happen 30 minutes after the Fed's disclosure, as investors seek new insights into their vision as well as the impact on tightening the monetary policy next year
Another point worth noting is Powell's badessment of the increasing external risk of an ever longer list. The US central bank will also release new projections of economic growth and interest rates, known as the dot-plot, while investors are looking for bigger signs of the likely trajectory of high interest rates. from the Fed until 2019 and beyond.
highlighting three increases in 2019, the market is beginning to bet that the central bank could suspend its rate hikes next year, which would pose a risk to the US Economic Assembly.
2. United States GDP in Third Tri-Final Estimate
United States Department of Commerce to Publish Revised Economic Growth Figures for the Third Quarter on Friday at 11:30 am
] The data should show that the economy has recorded annual growth of {{ec-375 || 3.5%}} in the quarter ended September 30, unchanged from a preliminary estimate. It increased 4.2% in the previous quarter.
High inflation, the sharp drop in prices, and the decreasing effects of President Donald Trump 's tax cuts have underscored the concern over strong US economic growth this year. past perhaps ending.
3. United States Real Estate Data
The Department of Commerce is expected to issue a report on building permits and construction of new homes by November 11 at 11:30 am
Data should show that building permits increased by 0.5% from the total of last month, while the forecast for the construction of new homes gained 0.3%, for a total of
. Recent data has painted a disturbing picture of the US real estate market, struggling with rising mortgage rates and tight inventories.
This week's calendar also contains data from the US Personal Income and Expenditure Report, which includes personal consumption expenditure inflation figures (PCE, l & # 39; the Fed's favorite indicator for inflation
The latest report on durable goods orders will also attract market attention.
4 Announcement of the Bank's monetary policy. England
It is generally expected that the Bank of England will maintain its position and declare that it must maintain its plans to strengthen it gradually during its meeting this week.
The BoE has raised interest rates twice since November 2017 and intends to continue to do so gradually, baduming that the exit of the country from the European Union is going smoothly.
] In addition to the BoE, the invested It will also provide access to the latest UK inflation and retail data, which is a further indication of the continued impact of the Brexit decision on the economy.
As soon as investors become aware of the events surrounding the ongoing Brexit negotiations
Less than four months before the departure of Britain from the EU, the government has not yet concluded a separation agreement with Brussels, as the conservative party of Prime Minister Theresa May remains divided as to the country's proximity to the bloc.
5. Policy Meeting of the Bank of Japan
The Bank of Japan is also expected to maintain its monetary policy following its two-day interest rate review on Thursday, together with the Bank of Japan. a commitment to keep short-term interest rates and 10-year government bond yields around 0%
Haruhiko Kuroda, director of the Bank of Japan, will follow up to review the decision. In the third quarter, a new series of natural disasters has put a brake on the network of production and distribution plants.
Analysts expect a rebound in growth over the current quarter, but global trade problems and slowing demand (f, b, e, v, n, t, s) , the third largest economy in the world has increased risks for the world's third largest economy.
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