TechFlow, on November 22, according to Jinshi Data, below are the key market highlights to watch in the coming week (all times in Beijing time):
Tuesday 21:30, US September retail sales month-on-month, US September PPI;
Wednesday 21:30, US initial jobless claims for the week ending November 22;
Thursday 03:00, Fed releases Beige Book on economic conditions;
Thursday TBA, Bank of Korea announces interest rate decision;
Friday, New York Fed President Williams delivers a speech.
The remarks by New York Fed President Williams carry significant market impact. He is one of the Fed's "big three," wielding major influence alongside Fed Chair Powell and Vice Chair Jefferson.
Next Thursday, the Fed will release its Beige Book, and Jefferson mentioned on Monday that the report could be particularly important in shaping his thinking. Jefferson's views carry potential informational value, as his stance has often closely aligned with Fed Chair Powell. Since joining the Fed three years ago, Jefferson’s voting record has consistently matched Powell’s.
In addition, it is worth noting that due to Thanksgiving Day in the United States on Thursday and the early market close on Friday for "Black Friday," trading hours next week will be shortened, leading to significantly reduced market liquidity.
