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Key-events coming up - FXstreet

FXStreet (Guatemala) - Analysts at Rabobank noted the key events coming up.

Key Quotes:

“Today has the BOE’s Carney speaking in Singapore, and we also get Haldane later in the day. From the ECB we hear from Mersch, Praet, and Coeure, but the focus is on Draghi’s quarterly testimony in Brussels. Particular importance will be attached to that event as markets are clearly waiting for the ECB to dash into a phone box and run out again in a superhero costume with “QE” emblazoned on their chest to save the day – just as the BOJ has just done”.

“Back in the boring world of prosaic things like actual physical production of real stuff, US industrial production data are out – the consensus is +0.2% MoM, with capacity utilization still hanging just under the tantalizing 80% level, so still promising, but never actually delivering, the need for US businesses to start an investment-spending cycle”.

“Tuesday sees the RBA’s November minutes (will they be unchanged in so many different meanings of the term yet again?) and a later speech from the RBA’s Stevens; there are Chinese property prices (which are not going up); UK CPI; the German ZEW survey; and US PPI and Kocherlakota speaks”.

“Wednesday has US housing starts and the Fed’s last set of minutes to peruse”.
“Thursday sees Japanese trade data and the Japanese and Chinese manufacturing PMIs; US CPI and existing home sales; and Eurozone consumer confidence”.

“Friday ends the week with various central bank speakers – so long as they give the signal that they are staying near the phone boxes, markets will continue to shrug off even blunt G-20 rhetoric”.

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