PANews November 16 news, this week the US dollar will continue its upward trend into the eighth week, marking the longest rally of the year, having risen about 2.6% so far this month. Bitcoin continues to hit new highs, pushing towards $100,000. Latest developments include the decision of SEC Chairman Gary Gensler to step down in January, with US October PCE data and the Fed's November meeting minutes being the focal points for the market next week. Here are the key points the market will focus on in the upcoming week:
Tuesday 23:00, US November Conference Board Consumer Confidence Index, US November Richmond Fed Manufacturing Index;
Wednesday 03:00, the Fed will release the minutes of the November monetary policy meeting;
Wednesday 21:30, US Initial Jobless Claims for the week ending November 23, US Q3 Real GDP Annualized Quarter-on-Quarter Revision;
Wednesday 23:00, US October Core PCE Price Index Year-on-Year/Month-on-Month, US October Personal Spending Month-on-Month;
Friday 22:45, US November Chicago PMI.
