FX.co ★ Week Ahead - Nov 17th

Following the conclusion of the prolonged US government shutdown, updates on the nation’s economic data schedule will take center stage, providing new insights after private surveys have depicted a mixed economic landscape since October. Notable upcoming private reports include the flash S&P PMIs, existing home sales figures, the NAHB housing index, and the weekly ADP employment numbers. Additionally, markets are anticipating earnings announcements from Nvidia for a current evaluation of AI market dynamics, and statements from major retailers such as Walmart, Target, and Home Depot for a clearer picture of consumer spending strength. On the monetary policy front, minutes from the Federal Reserve and the Reserve Bank of Australia's meetings are eagerly awaited. Flash PMIs will also garner attention in the Eurozone, the UK, Japan, Australia, and India. Meanwhile, Japan is set to publish its third-quarter GDP and October's inflation figures. Canada will release its latest CPI data, while GDP reports are forthcoming from Switzerland, Denmark, Norway, Mexico, and Thailand.