20th Jan 2022 - Key global events on the horizon that could subtly shift or substantially shake up the financial markets
1.Employment Change (DEC) - Australia
In Australia, employment change refers to the absolute change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment.
2. Unemployment Rate (DEC) - Australia
In Australia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
3. Core Inflation Rate YoY Final (DEC) -Euro Area
In Euro Area, the core inflation rate is calculated using the weighted average of the Harmonised Index of Consumer Price (HICP) aggregates, excluding energy, food, alcohol & tobacco that face volatile price movements.
4. ECB Monetary Policy Meeting Accounts- Euro Area
In the Euro Area, benchmark interest rate is set by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability which is to keep inflation below, but close to 2 percent over the medium term. In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetary policy measures, such as asset purchase programmes. The official interest rate is the Main refinancing operations rate.
5. Existing Home Sales MoM (DEC) -United States
In the United States, Existing Home Sales occur when the mortgages are closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed.
