Weekly Outlook 3rd-7th December

Upcoming events and announcements for this week! Keep up to date with the SmartTradeFX blog to receive all the fundamental news that you need.

Monday 3rd - The US ISM Manufacturing PMI will be released Monday. This figure is one of the biggest market moving releases. This figure rose in October unexpectedly and a similar figure is expected for this month.

Tuesday 4th - With the Reserve Bank of Australia’s rate decision coming up this Tuesday we can expect the AUD/USD to be affected regardless of the outcome, after the Bank keeping their current cash rate last month. We are expecting another cut but without a full consensus as of yet.

Wednesday 5th - Wednesday will bring news of Australia’s GDP as well as the Reserve Bank of New Zealand’s rate decision, with no change expected.

Thursday 6th - Australia’s employment data increased last month and we are expected to see this figure increase on Thursday. We are also expecting the Eurozone’s GDP, rate decision as well as the UK rate decision.

Friday 7th - Don’t miss Friday’s news with Canadian employment data