Market participants will not be bored by the abundance of statistics and news at the end of November and early December.

Brent: All eyes on OPEC+

Recently, the oil sector has received a lot of attention. OPEC+ is hosting a conference this week. There, the organization can agree to a pause on returning oil volumes to market. However, the new strains of coronavirus will still be able to influence the consumption and use of energy carriers. Brent price might stabilize.

USD: Employment statistics will be helpful

You can see the flow of statistics about the US employment market that will be published one of these days. The ADP Non-Farm Employment Change November must have increased by 515 000, while the NFP grew by 500 000. The USD will be stronger if the data is better.

EUR: Inflation will strike

The Euro zone will publish its preliminary inflation report for November this week. The CPI could have increased to 4.4% y/y, according to the forecast. This is more than twice the goal. The EUR might be affected by a high inflation rate.

China: Statistics will support risky assets

China will issue the November manufacturing PMI this week. It is expected to grow. For risky assets, the stronger the Chinese reports are the better. China is becoming an economic engine.

JPY: There is demand

Japan will publish its October unemployment rate, which may have been 2.8%. Preliminary industrial production for October is also due. The Japanese economy is optimistic that it will recover from September's slump. The global risk attitude will have a greater impact on the JPY.

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