Key indicators this week (Week 48)

Here are the key indicators to look out for this week.

Monday (24/11)

- German IFO business climate

Tuesday (25/11)

- Bank of Japan Governor Kuroda is set to speak.

- UK inflation report.

- US preliminary GDP
- US consumer confidence 

Analysis: Bank of Japan has been increasing its monetary base, bad news for the yen. US had a solid advanced Q3 GDP. Preliminary GDP is less impactful but should be in sync with advanced. 

Wednesday (26/11)

- UK second GDP estimate

- US core durable good orders 

- US unemployment claims

- US new home sales

Note: UK preliminary GDP grew 0.7%

Thursday (27/11)

- New Zealand trade balance 

- Australian private capital expenditure 

- German preliminary CPI

Note: US bank holiday

Friday (28/11)

- ANZ business confidence 

- European CPI flash estimate 

Special feature: OPEC decision on oil supply.