52nd week
Finally, we are in the last week of 2021. 52nd week will be the alight week with most of the main players out of the market. However, we still have some important data to watch, including Chinese trade data, US employment, Japanese inflation numbers. And at the end, we will review the IFC Markets latest update from its 15th anniversary. Let's go to the details and see the most important data to watch.
Turkish Capacity utilization - Monday
Capacity utilization is one of the main economic indicators that refer to the relationship between actual outputs that 'is' actually produced with the installed equipment. One of the economies that expresses many changes these days, is the Turkish economy. With decreasing rates and higher inflation, expecting higher than 78 is a bit far from reality. With expecting ease in Capacity utilization, the weakness seen in previous weeks in the Turkish Lira can start coming back.
Japanese Industrial Production and employment data - Tuesday
Tuesday Japanese data will be in the spotlight. The unemployment rate is expected to remain unchanged at 2.7%, which is the full employment there, and industrial production is supposed to increase by 4.8% in November. Japanese economy used to increase well in past months, and it gives us more hope for the Japanese Nikkei-225 bright future.
US data in focus - Wednesday
Wednesday will be US data day including trade data, inventories, and Home sales. Trade Balance is expected to confirm the trade deficit after a big drop of October from a September all-time high, mostly affected by less export. And, for Home sales, it is widely expected to see lower digits after November surprise with a 7.5% increase. And finally, we also have to follow the whole sales inventories and US weekly crude oil inventory report. Both will be important for investors. Overall expectations are positive and waiting to see higher numbers with calm markets ahead of New Year Eve.
Thursday and Europe!
Thursday, as always we have to learn the US unemployment data, however, this Thursday British Housing market data and European inflation numbers are also important and need to be in the spotlight. According to the latest published data, we already know that the European economy is improving a bit slower than its American and Chinese rivals, but it is improving. Therefore we can see European stocks also increasing, even if at a slower pace.
Friday and Chinese data!
Chinese Production sector had some weakness for two months, however, they could recover again above 50-level, while the service sector despite the relative decline could hold itself in the growth range. For December data we are expecting to see both Manufacturing and None-Manufacturing PMI numbers increase in China and help the overall positive market sentiment.
