Week ahead starting 20/11/23: Fed, RBA minutes; ifo; Zoom, NVIDIA, HP earnings
Investors brace for the latest minutes from the Fed and the Reserve Bank of Australia, amid growing hopes of a US rate cut by H1 2024.
Zoom, NVIDIA, and HP report in the coming week. Plus, keep an eye out for retail updates as the countdown to Thanksgiving, Black Friday, and Cyber Monday begin.
(AI Video Summary)
What to look out for
Ong first talks about China's loan prime rates, Germany's producer price index, Australia's RBA meeting minutes, the UK's public sector net borrowing, Canada's consumer price index and various US-related infomation, and much more. She gives the low down of the key numbers and events that could impact the markets in the week to come.
Recent market trends
Ong mentions that oil prices have dropped to their lowest level in six months, and the US dollar has taken a bit of a break. She also highlights the fact that Chinese stocks have been performing poorly, even with all the political tensions going on.
She is joined by Tastylive speaker Tony Battista, who shares his thoughts on the market and upcoming earnings reports. He points out that the current low volatility is usually a good sign for the market. He also mentions that NVIDIA's stock has been going up, which is impressive considering all the concerns about US sanctions.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
Act on share opportunities today
Go long or short on thousands of international stocks with spread bets and CFDs.
- Get full exposure for a comparatively small deposit
- Trade on spreads from just 0.1%
- Get greater order book visibility with direct market access
See opportunity on a stock?
Try a risk-free trade in your demo account, and see whether you’re on to something.
- Log in to your demo
- Take your position
- See whether your hunch pays off
See opportunity on a stock?
Don’t miss your chance – upgrade to a live account to take advantage.
- Trade a huge range of popular stocks
- Analyse and deal seamlessly on fast, intuitive charts
- See and react to breaking news in-platform
See opportunity on a stock?
Don’t miss your chance. Log in to take advantage while conditions prevail.
Live prices on most popular markets
- Equities
- Indices
- Forex
- Commodities
Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.