Weekly Market Outlook (20-24 November) ...Middle East

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Weekly Market Outlook (20-24 November)
source : forex live ( Middle East ) () 30
UPCOMING EVENTS: Monday: PBoC LPR.Tuesday: RBA Meeting Minutes, Canada CPI, FOMC Minutes.Wednesday: US Durable Goods, US Jobless Claims.Thursday: US Thanksgiving Day, Australia/Eurozone/UK PMIs, ECB Meeting Minutes, New Zealand Retail Sales.Friday: Japan CPI, Canada Retail Sales, US PMIs, US Black Friday (early markets close).MondayThe PBoC is expected to keep the LPR rates unchanged at 3.45% for the 1 year and 4.20% for the 5 years given that the central bank refrained from any adjustment to the MLF rate, which is generally a precursor for the LPR change. Recent economic data has been mixed with PMIs returning in contraction and the inflation rat

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