Next week, the US economic landscape will be closely scrutinized as key data releases and Federal Reserve speeches are set to influence market dynamics. The US Department of Labor will unveil reports on non-farm payrolls, consumer inflation, and retail sales, providing insights into the economic health.
On Monday, the New York Fed Manufacturing Index will be released, followed by speeches from Federal Reserve Governor Milan and New York Fed President Williams. Tuesday will see the release of the US November unemployment rate, non-farm payrolls, and October retail sales data. Williams will also address the Foreign Exchange Market Structure Conference on Wednesday.
Thursday's focus will be on the US November CPI data, which could significantly impact the dollar's trajectory. A lower-than-expected CPI could support the Fed's rate-cutting cycle, potentially weakening the dollar, while higher figures might bolster it. Additionally, initial jobless claims and the Philadelphia Fed Manufacturing Index will be released, further shaping economic expectations.
US Economic Data and Fed Speeches to Shape Market Outlook Next Week
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