What to Watch in the Day Ahead - Friday, November 22
The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US. Thomson One users can register at RT/DAY/US. All times in ET/GMT
On the U.S economic front, S&P Global’s flash PMIs for November are scheduled for release. The flash manufacturing PMI is projected to come in at 48.8, up from 48.5 in October, whilethe flash services PMI is expected to tick up to 55.2, from 55 in the previous month. Additionally, the University of Michigan’s Consumer Sentiment Index final for November likely rose to 73.7 from 70.5 in October.
Federal Reserve Board Governor Michelle Bowman is scheduled to speak on artificial intelligence in New York at the 27th Annual Symposium on Building the Financial System of the 21st Century. (1815/2315)
Canada's September retail sales figures are set to be released, with expectations of a 0.4% rise in overall retail sales. Excluding sales of motor vehicles and automotive parts dealers, sales are projected to have increased by 0.5% in September, following a 0.7% decline in August.
On the Latin American front, Mexico’s national statistics agency is set to release several key economic indicators. In the third quarter, Mexico’s economy likely grew 1.0% quarter-on-quarter and 1.5% year-on-year, based on final GDP figures. The IGAE economic activity index likely expanded by 0.5% year-on-year in September, compared to 0.4% in August, and posted a 0.1% month-on-month gain, rebounding from a 0.3% decline in August. Inflation data for the first half of November is also due. Headline inflation is expected to have risen 0.49% month-on-month and 4.69% year-on-year, while core inflation likely increased 0.17% month-on-month and 3.72% year-on-year, slightly lower than the previous figure of 3.87% year-on-year. Separately, Argentina's economy is expected to have shrunk by 2.7% in September, after a 3.8% contraction recorded in August.
LIVECHAT-REUTERS GLOBAL MARKETS FORUM
Mark Haefele, CIO at UBS Global Wealth Management, will discuss portfolio strategies to help U.S. and international clients balance risk and capture growth, along with managing risks tied to regulatory rollbacks, inflation, and policy uncertainties. (0700/1200) To join the conversation, email us here
Compiled by Ananya Roy in Bengaluru; Editing by Tasim Zahid
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
