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Macroeconomic outlook for next week: "Data frenzy" is coming, Powell and non-agricultural data are blowing up the market, and the Fed's interest rate cut expectations may be "poured cold water"
PANews reported on November 30 that due to the Thanksgiving holiday in the United States, the market ended this week in a somewhat sluggish manner. The lack of liquidity was obvious on Thursday and Friday, but the US stock market closed surprisingly strongly this week. Driven by technology stocks and retail stocks, the S&P index hit a new high and achieved the largest monthly increase since November 2023. Next week, US employment data will dominate. The following are the key points that the market will focus on in the new week:
Monday 09:45, China's November Caixin Manufacturing PMI
At 22:45 on Monday, the final value of the US S&P Global Manufacturing PMI for November
Monday 09:45, China's November Caixin Manufacturing PMI
At 22:45 on Monday, the final value of the US S&P Global Manufacturing PMI for November
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