Trading Plan – Monday 27th November 2023: Key week for euro zone inflation

Mark NugentNov 2023, Trading Plan

Trading Plan – Monday 27th November 2023: Key week for euro zone inflation

Good afternoon.

The week starts with a sparse calendar today and tomorrow.

Things are more interesting on Wednesday and Thursday. We have a slew of inflation data in the euro zone. In the US, we see the Fed’s chosen measure of inflation, Personal Consumption Expenditure. The euro zone data will be particularly interesting as it may solidify the increasingly prevalent view that the European Central Bank has reached peak rates.

Also of interest is US GDP for Q3 (annualised), released on Wednesday. Expectations are for a print of 5.0%, again showing the astonishing resilience of the US economy.

As always, I go through my trading themes for the week in your video.

I will be back tomorrow.

VIP Club members can see today’s video, all brief trading videos, the Monthly and YTD Performance videos, the Trading Video Course and download the MTM Indicators software HERE