inflation in EU
Key events: Canada – GDP (MoM) (Sep) UK – BoE Gov Bailey Speaks USA – CB Consumer Confidence (Nov) Friday's U.S. jobs report for November will be the main event this week as investors remain hopeful that the Federal Reserve will soon slow the pace of rate hikes. Fed Chairman Jerome Powell's midweek remarks will be closely watched. Eurozone inflation data will also be in focus, as will China's PMI data amid fears of renewed COVID-19 cases. Here's what you should keep in mind this week.
Key events: USA – Core Retail Sales (MoM) (Oct) USA – Retail Sales (MoM) (Oct) Canada – Core CPI (MoM) (Oct) UK – BoE Gov Bailey Speaks UK – Inflation Report Hearings Eurozone – ECB President Lagarde Speaks USA – Crude Oil Inventories