The main events of Friday!

On Friday, November 23, the day is full of data on business activity (PMI) for Germany, the Eurozone and the USA. Also on this day an inflation report in Canada will be published.

At 09:00 – German GDP data:
– Germany’s GDP (q/q) (Q3), forecast -0.2%, previous value  -0.2%.
– Germany’s GDP (y/y) (Q3), forecast 1.1%, previous value 1.1%.

At 10:30 – statistics on business activity in Germany :
– Index of business activity in the manufacturing sector (PMI) of Germany (November), forecast 52.2, previous value  52.2.
– Index of business activity in the services sector in Germany (November), forecast  54.5,  previous value  54.7.

At 11:00 – a report on business activity in the eurozone:
– Manufacturing PMI (November), forecast 52.0, previous 52.0.
– Markit Composite Business Activity Index (PMI) (November), forecast 53.0, previous value 53.1.
– Index of business activity in the services sector (November), forecast 53.5, the previous value of 53.7.

At 15:30 – an  inflation report in Canada:
– Core consumer price index (CPI) (y/y) (oct),  previous value  1.5%.
– Core consumer price index (CPI) (m/m) (October),  previous value 0.0%.
– Core retail sales (m/m) (September), forecast  0.3%, previous value  -0.4%.
– Consumer price index (CPI) (m/m) (October), forecast  0.1%, previous value  -0.4%.
– Retail sales (m/m) (September), forecast  0.1%,  previous value  -0.1%.

At 16:45 –  a report on business activity in the United States:
– Manufacturing PMI (November), forecast 55.7, previous 55.7.
– Markit composite business activity index (PMI) (November), forecast 56.0, previous value 54.9.
– Business activity index (PMI) in the services sector (November),  forecast  54.9,  previous value  54.8.

At 20:00 – the number of Baker Hughes oil rigs in the USA,  previous value  888.

Hanzenko Anton