The focus of traders this week is the speech of the head of the Federal Reserve System (FRS) Jerome.

⚠️ The focus of traders this week is the speech of the head of the Federal Reserve System (FRS) Jerome Powell, which will take place on Wednesday at 14:15 GMT. Powell is expected to clarify the outlook for US monetary policy;

📊 The number of people employed in the non-farm payroll sector (NFP) in the United States grew by 150 thousand in October against an expected increase of 180 thousand. The unemployment rate was 3.9%, which is higher than 3.8% in the previous period;

🇨🇦 According to Statistics Canada, the unemployment rate in Canada rose to 5.7% in October against a forecast of an increase to 5.6%. It was the fourth monthly increase in the last six months and the highest level since the beginning of 2022;

🇺🇸 Business activity in the US services sector grew at a slow pace in October: the ISM PMI index fell to 51.8 from 53.6 in September.

🏛 Board members of the Reserve Bank of Australia (RBA), following the November monetary policy meeting, decided to increase the key interest rate from 4.10% to 4.35%;

🇩🇪 According to the federal statistical agency Destatis, industrial production in Germany decreased by 1.4% in September against a forecast of a decrease of 0.1%;

🔼 In its latest report released on Tuesday, the International Monetary Fund (IMF) raised its forecast for China's gross domestic product (GDP) growth to 5.4% in 2023 and 4.6% in 2024.

07.11.2023