Categories: Market Overview

Important upcoming events and publications

Important upcoming events and publications for November 21 (GMT):

09:30 U.K. Public Sector Net Borrowing is another evidence of the economy trends. Such dynamics has a pronounced seasonality, so, it makes sense to compare the data with the same month a year earlier, as well as with the market expectations. Deficit growth above the forecast (5.6 billion) is able to put pressure on GBP.

13:30 U.S. Durable goods orders is considered as a good indicator of the current mood of the national business. The growth of this indicator reflects confidence in the economic prospects and is able to support USD.

15:00 U.S Existing Home Sales is the good indicator for assessing prospects from households. Since March, sales are in decline, causing the nervousness of market participants, as the deceleration of real estate often precedes the economy slowdown. Market analysts are expecting an increase of 1% in October, after 3.4% failure a month earlier.

See the detailed Economic calendar here

The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

Share
Published by
The FxPro Analyst Team
Tags: gbpusd

Recent Posts

Video: Dollar and Indices are trying to find footing after the fall

The dollar experienced a sell-off but rallied back up by the end of the week.…

2 days ago

What is next: BoJ, Fed, SNB & BoE Rates

The new week will be packed with economic data and decisions from key central banks.…

2 days ago

Dollar attempts to rebound after oversold conditions

Despite economic factors working against the dollar, its oversold condition helped it this week or…

2 days ago

USDCAD Wave Analysis – 14 March 2025

USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…

2 days ago

Solana Wave Analysis – 14 March 2025

Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…

2 days ago

Adobe Wave Analysis – 13 March 2025

Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…

3 days ago

This website uses cookies