Events to look out for next week

  • Fed Chair Powell Testifies (USD, GMT 15:00)
PowellنےTestify کرنا ہےCARES Act کوSenate Banking Committee واشنگٹنDC میں.

Wednesday – 01 December 2021


  • Q3 Gross Domestic Product – (AUD, GMT 00:30)
Q3 Lockdowns میںAustralian Economy کافیRestricted رہی خصوصاWider اورMelbourne. September GDP sank to low 0.7% یہDecember 2020 میں%3.3تھا. اس بارData میں%0.5 تک کمی متوقع ہے.
  • ADP Non-Farm Employment Change (USD, GMT 13:15)
Last few months میںPrivate Payrolls کافیVolatile رہی ہیں.Last month میں571k Jobs رجسٹر ہوئیں. اس ماہ اس میں460k تکDecline ہوسکتاہے.اگر اس بارData positive آیا توUS Economy moves forward
  • Fed Chair Powell Testifies (USD, GMT 15:00)
Powell نےTestify کرنا ہےCARES Act کوSenate Banking Committee واشنگٹنDC میں.

Thursday – 02 December 2021


  • OPEC-JMMC Meetings (ALL, GMT All Day)
US lead کوFollow کرتے ہوۓ6 ممالک نےMillions of barrels مارکیٹ میں چھوڑے. اس ماہOPEC meeting اہم ہوگی. امید ہے کہProduction ویسے ہی رہے.
  • Weekly Claims (USD, GMT 13:30)
Last week Data بہت بہتر تھا یعنی کہFifty-two year low تھا صرفUS Tight Jobs market. 199k مزید برقرار رہےگی اور
Economic cycle average 250- 260k ہے.

Friday – 03 December 2021


  • Non-Farm Employment Change (USD, GMT 13:30)
امید ہے کہNovember Payroll increase میں440k اضافہ ہوگا.October gain 531k تھے.September 312k اورAugust میں483k تھا. امید ہے کہUnemployment rate کافیSteady رہےگا تقریبا%4.6 تک.Annualized earning میں%4.9 سے%5.0 تک اضافہ ممکن ہے.Participation rate کوشش میں ہے%61.6 سے اوپر جانے میں.
  • Employment Change (CAD, GMT 13:30)
Last month Canada میں31.2k jobs بنیں.Expected 42k تھا.October 157k کے بعد یہ بڑاDecline تھا.Unemployment rate ابPandemic low پر رہنے کی امید ہے جو%6.7 ہے.
  • ISM Non-Manufacturing PMI (USD, GMT 15:00)
Recently یہ بہتVolatile رہا. اس بارDecline ہوسکتاہے لیکن یہ پھر بھی بہتر ہی ہے.Expected 65.7 اورLast month یہ66.7 تھا.

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Stuart Cowell

Head Market Analyst

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