The latest analysis of popular markets from our team of industry experts.
The surprise Donald Trump win in the US presidential election caused an interesting reaction in the financial markets.
This week we saw a wild sell-off, followed by a steep recovery in global equity markets.
In the week beginning 14th November, China will release industrial production, fixed asset investment and retail sales data on Monday. The Chinese yuan fell to a fresh six-year low against the US dollar as the Trump victory helped the dollar rally. Trump’s economic proposals are expected to hit Chinese activity in the US, so any news regarding this could cause sharp waves of sell-offs in Chinese equities.
The UK will announce its latest inflation and employment figures on Tuesday and Wednesday respectively.
On Thursday, Fed Chair Janet Yellen will be under the spotlight as she will testify about the economic outlook before the Joint Economic Committee in Washington DC. Hence, keep an eye on the US dollar, as the greenback will again be in traders' focus.