Preview of the week starting 11 Dec 2023 - How should Adobe fare?
Public Holidays No public holidays in the coming week for Hong Kong, China, Singapore and the USA. Economic Calendar (11 Dec 2023) Notable Highlights Fed’s interest rate decision should dominate the headlines in the coming week. We can expect to be volatile leading to this announcement. Auction of Treasury note and bond . This deserves some attention as this is deemed a relatively safe asset class. This is used to finance the deficits incurred by the Federal government. CPI . This is the common indicator used to reflect inflation. This should be the next most closely watched data which has significant implications for the Fed’s coming interest rate decisions. Retail Sales & Core Retail Sales - this is an indication of consumer health. Initial Jobless Claims - This is a reflection on the impact of unemployment, a data point for the Fed’s interest rate decision. Crude Oil Inventories can be seen as forward indicators of market demand and consumption. If the tre...