Preview of the week starting 06 Nov 2023 - Buffett's Occidental love
Public Holidays There are no public holidays for China, Hong Kong, the USA & Singapore in the coming week. Economic Calendar (06 Nov 2023) Notable Highlights “Fed Chair Powell speaks” should be the most watched event in the coming week. This is expected to take place on 8 & 10 Nov (Asia timezone). The market would be able to understand more of their consideration and intent for the coming rate hikes. There will be a few important data points about inflation, employment and economy that would be incorporated as part of their considerations. Initial Jobless Claims will be released in the coming week. This is another important data point for the Fed’s coming interest rate decision as they seek to balance inflation and unemployment. Together with the Unemployment rate , this will be part of the Fed’s consideration for the coming interest rate. decision. Crude Oil Inventories can be seen as forward indicators of market demand and consumption. If ...