Report: The major global economic news of this week TOP -5

Baku. 20 November. REPORT.AZ/ The most important economic news for global financial markets on the week of 20-24 will come from USA, UK and Euro zone. Due to Thanksgiving holiday this week will be short and November 23 will be non-working days in many countries.

Analytical group of Report defined the top 5 economic news of this week that may influence the global financial market.

1) On November 22 at 23:00 Baku time the Federal Reserve System (FED) will disclose the protocol of its last meeting. In addition, on November 21, the attention will be focused on the statement of the head of FED Janet Yellen:

2) On November 23, US will disclose the figures on long-term orders of goods for October. This figure is expected to rise by 0.3%. During the short week the volume of sales in the US Housing Market, Employment and Consumer Sentiment Index will be announced. US Senate will also vote on Tax reform legislation this week.

3) The last version of UK third quarter GDP reading will be announced on November 22. Analysts predict the economic growth will be 0.4% in the third quarter. Statements on UK’s Brexit will also be closely followed.

4) On November 23 at 13:00 Baku time Manufacturing and Service Activity indicator in Euro zone will be announced. Analysts predict this indicator will go down a bit.

5) On November 20, the President of the European Central Bank Mario Draghi will report on the economic and monetary policy in EU.