Preview of the week starting 04 Dec 2023 - Can NIO rise again?
Public Holidays No public holidays in the coming week for Hong Kong, China, Singapore and the USA. Economic Calendar (04 Dec 2023) Notable Highlights Jobs. JOLTs Job Opening, ADP Nonfarm Employment change, Average Hourly Earnings, and Nonfarm payroll data will shed light on the employment and market jobs outlook. These will form part of the considerations for the Fed in their interest rate S&P Global services PMI will shed light on the outlook of services industry in the USA. ISM Non-manufacturing PMI & Prices can shed some light on the manufacturing in the USA. Manufacturing has been contracting for over a year in the USA. Can there be some turnaround? 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 com...