The events of November focused on Coronavirus in China, following up the expectations of the global economy, and evaluating a group of economic data and its
impact on expectations of raising interest rates by central banks. The statements of the President of the European Central Bank, the report of the International
Monetary Fund, and the minutes of the US Federal meeting topped the headlines, and they all agreed that the risk of recession is increasing, especially after
economic data showed a slowdown in the global economy, supported by slight growth in production and spending while continuing concerns about the prospects for political developments.
While Investors will focus during December trading, the last month of this year, to find out any signals from the Federal Reserve about the final interest rate, which it
considers necessary for a decline in inflation towards the target levels at 2%, noting that the Federal Reserve has indicated that the final interest rate will be higher
than previous expectations, which It was referring to interest between 4.5 and 5%.
Oil investors will also focus on the decisions of OPEC and its allies at their next meeting and whether there will be an additional cut in production, especially after oil
prices fell earlier towards their lowest levels since November 2021, with a decline of more than 30% since the peak of prices recorded last March.
The upcoming period seems to be important and will have a significant impact on the movement of the Financial Markets for the following reasons:
- Conflicting consumer expectations as to whether inflation will continue to slow down or if it may start to rise again.
- There are no confirmed indicators so far indicating that the recent rise in stock market indices is continuing or that it was just a corrective rebound.
- The importance of decisions that will be taken by members of OPEC about the upcoming production policy and its impact on oil prices.
- The increase of the risk for the federal reserve at a time when the signs of the recession began to become more clear.
The most important upcoming dates for December:
.png "Trading events for December")
The content present in this report is informative only. The information may be sourced from third party data and financial markets providers, and CFI Financial
Group Holding Limited together with its regulated subsidiaries, will not be held liable or responsible in any way for any loss and/or action taken by investors based
on this report, therefore, in respect investment decision investors will act on their own judgment and experience or on independent advice they may choose to
seek from their financial advisor(s). We do not provide investment advice with an objective to influence your decision. Content of this report serves information
purposes only and shall not be considered as ancillary or investment services, nor advice.
We provide general information & analysis that does not take into account your objectives, financial situation, personal circumstances, or needs. You should
always consider your trading objectives and risks preferences; therefore, you should not invest funds you cannot afford to lose The content and data/ information
presented in this report is provided solely to enable you to make your own investment decisions and must not be interpreted as personal advice and/ or
recommendation.
The content present in this article reflects the opinions and views of the authors and does not necessarily reflect the position of CFI. The Company is not
responsible for the decisions and choices of the investor who has full and free will to make decisions that they see appropriate upon the investment.
“This publication is CFI’s sole property. It is provided under the agreement that it will be viewed by the person or company who receives it and will not be
distributed and/or reproduced. Any individual or company who is found distributing or reproducing this report will be traced and charged with copyright
infringement”.