Monday, 24 November
The week kicks off quietly with no major economic data releases. The highlight will be the speech by European Central Bank President Christine Lagarde, who is expected to address the ECB’s policy outlook, inflation trends, and growth resilience in Europe. Lagarde’s remarks could provide insights into the ECB's approach to inflation management and interest rates as the Eurozone faces ongoing global challenges. Market participants will watch closely for any signals on future monetary policy adjustments.
Tuesday, 25 November
US Producer Price Index (PPI)
The US PPI is forecasted to rise moderately by 0.3% month-over-month, with annualized growth near 2.7%, rebounding after last month’s slight dip. This inflation gauge is a critical data point ahead of the Federal Reserve’s December meeting.
Market Impact
A softer PPI would support equities as it keeps the disinflation narrative intact. Stronger reading, however, risks nudging yields higher again, which could pressure tech and lift the dollar as trader’s trim expectations for aggressive Fed easing.
Wednesday, 26 November
RBNZ Interest Rate Decision
The Reserve Bank of New Zealand is widely forecasted to cut the Official Cash Rate by 25 basis points to 2.25%, continuing its accommodative stance to support a fragile economy. Markets consider a larger cut unlikely, given inflation stabilizing near the 2% midpoint. This may be the last easing move in the current cycle before the RBNZ assesses how long to maintain stimulatory conditions.
US Core PCE
Core PCE for September is expected to hold at 2.9% YoY, with a 0.2% monthly gain—still above the Fed’s 2% target but comfortably off last year’s highs. Markets will watch whether the recent cooling trend is becoming durable enough for policymakers to start talking more openly about rate cuts in early 2026.
Thursday, 27 November
In observance of Thanksgiving Day, US markets will be closed, likely leading to lighter trading volumes globally.
Friday, 28 November
Tokyo Core CPI
The Tokyo Core Consumer Price Index (CPI) is expected to rise 2.7-2.8% year-over-year, maintaining its pace above the Bank of Japan's 2% target and slightly accelerating from September and October figures which were 2.5% and 2.8% respectively.
Impact on the Bank of Japan (BOJ) Meeting
A print at 2.8% or higher would strengthen expectations that the BOJ may lean more hawkish at the next meeting, especially given recent public hints of internal debate about further normalization. A softer reading would support a patient stance, with the Bank continuing to watch wage trends into early 2026.
Technical Outlook
AMD
The stock looks set to retest its previous breakout zone along with the trendline that sits near the same area. A full gap fill would tilt the picture firmly bearish given the size of the move required, while a rebound off the trendline would offer bulls a window to regain control.
Key Levels
Support: 195 / 186
Resistance: 214 / 234

Nvidia
A clean head-and-shoulders pattern has taken shape on the daily chart — a textbook topping structure. The neckline is the key level to watch; a breakdown from there could open the door to sharp downside momentum.
Key Levels
Support: 165 / 151
Resistance: 183 / 188

Nasdaq
The breach of trendline support, coupled with a lower high’s formation and aggressive selling last week, signals trouble for the bulls. To regain momentum, the index must reclaim the 25,000 level.
Key Levels
Support: 23,950 / 23,500
Resistance: 24,465 / 24,690

Disclaimer
The information in this article is for general information only and does not represent financial or investment advice. Markets are unpredictable, and past performance does not guarantee future results. Before making any financial decisions, please do your own research or consult a licensed financial advisor. We are not responsible for any loss or damage caused by reliance on this content.