Forex and other markets news
Week Ahead News Outlook / 14.11.2022 - 20.11.2022

Week Ahead News Outlook / 14.11.2022 - 20.11.2022
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German ZEW Economic Sentiment (Nov)
The ZEW Indicator for Germany rose slightly to -59.2 in October. Investors remain pessimistic regarding the economic outlook over the next six months. Most analysts predict a deterioration in business activity. Meanwhile, the assessment of the financial situation in Germany has fallen sharply again.
15 November, 17:00, GMT+7
EUR and its subsequent pairs
Forecast -65.7 (Actual -59.2)
U.K. Consumer Price Index (CPI) YoY (Oct)
The U.K. annual inflation rate rose to 10.1% in September. The prices of food products, namely oils and fats and dairy products, have increased the most. Consumer spending also rose sharply on housing and communal services amid a sharp rise in prices for electricity, gas and household fuel. Monthly, consumer prices rose 0.5% in September.
16 November, 14:00, GMT+7
GBP and its subsequent pairs
Forecast 10.00% (Actual 10.1%)
U.S. Retail Sales (MoM) (Oct)
U.S. retail trade was unchanged in September, missing market expectations of 0.2%. High inflation and rising borrowing costs have hit consumer demand. The profit decreased at dealers of cars and spare parts, gas stations, and shops of building materials and electronics shops. Meanwhile, grocery store sales rose, helped by rising food prices.
16 November, 20:30, GMT+7
USD and its subsequent pairs
Forecast 0.8% (Actual 0.0%)
Eurozone Consumer Price Index (CPI) YoY (Oct)
The Eurozone annual inflation rate broke records and jumped to 10.7% in October. Energy prices continue to have the most significant impact, followed by food, non-energy industrial goods and services. Compared to the previous month, consumer prices rose by 1.5%, which is the highest in seven months.
17 November, 17:00, GMT+7
EUR and its subsequent pairs
Forecast 10.0% (Actual 10.7%)
U.S. Existing Home Sales (Oct)
U.S existing home sales fell by 1.5% in September. This is the eighth monthly decline in sales in a row, as mortgage rates continue to rise and prices remain elevated, making it impossible for many buyers to buy a home. The average sale price of existing housing increased by 8.4% compared to last year and amounted to 384,800 USD.
18 November, 22:00, GMT+7
USD and its subsequent pairs
Forecast 4.36M (Actual 4.71M)