The main events of Wednesday!

On Wednesday, November 28, the day is full of speeches by the heads of the RBNZ and the Fed. The main event of the day will be the publication of the US GDP data.

At 00:00 and 02:00 – the speech of the RBNZ Governor Orr will take place.

At 02:30 – construction work done (q/q) (Q3) in Australia, forecast  1.0%,  previous value  1.6%.

At 09:00 – Gfk consumer climate index of Germany (December),  forecast  10.5,  previous value 10.6.

At 15:30 – US GDP data:
– GDP (q/q) (Q3),  forecast 3.5%,  previous value  3.5%.
– GDP deflator (q/q) (Q3), forecast 1.4%, previous value 1.4%.
– Goods trade balance (October),  forecast -76,70B,  previous value -76,25B.

At 17:00 –  data on real estate in the United States:
– New home sales (m / m) (October),  forecast of 3.7%,  previous value  -5.5%.
– New home sales (October), forecast 575K, the previous value of 553K.

At 17:30 – a report on oil inventories in the United States:
– Crude oil inventories, forecast -0,600M, previous value  4.851M.
– Cushing (Oklahoma) Crude oil inventories,  previous value  -0.116M.

At 19:00 – the speech of the Fed Chairman Mr. Powell will take place.

Hanzenko Anton