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Fundamental Analysis
Fundamental updates by Solid ECN
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[QUOTE="SOLIDECN, post: 215367, member: 80239"] [JUSTIFY][B]Economic Calendar: ADP Employment report, speech from Fed Chair Powell[/B][/JUSTIFY] [LIST] [*][JUSTIFY]European indices set for higher opening[/JUSTIFY] [*][JUSTIFY]Powell to speak on the economy and inflation in the evening[/JUSTIFY] [*][JUSTIFY]ADP report expected to show 200k jobs gain in November[/JUSTIFY] [/LIST] [JUSTIFY] [img]https://i.ibb.co/R0LNgTj/Screenshot-1.png[/img] Economic calendar for the day ahead is packed with interesting releases. While GDP data from Europe and US that is scheduled for release will be revisions, other reports may trigger some market moves. European CPI reading will be released at 10:00 am GMT and is expected to show deceleration. Note that major European economies saw price growth decelerate in November so there is a scope for a downside surprise. Apart from that, traders will closely watch ADP jobs report for November (1:15 pm GMT) as it will be a final hint ahead of Friday's NFP release. Last but not least, Fed Chair Powell is scheduled to speak at 6:30 pm GMT today with the topic of a speech being "Economic Outlook, Inflation and the Labor Market".[/JUSTIFY] [/QUOTE]
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