PANews reported on November 24 that the dollar will continue its rally for the eighth week this week, marking the longest rally this year, and has risen by about 2.6% so far this month. Bitcoin continues to hit new highs and is heading towards $100,000. The latest developments include the decision by Gary Gensler, chairman of the U.S. Securities and Exchange Commission, to step down in January next year. The U.S. October PCE data and the minutes of the Federal Reserve's November meeting will be the focus of the market next week. The following are the key points that the market will focus on in the new week:
Tuesday 23:00, US November Conference Board Consumer Confidence Index, US November Richmond Fed Manufacturing Index;
At 03:00 on Wednesday, the Federal Reserve will release the minutes of its November monetary policy meeting;
At 21:30 on Wednesday, the number of initial jobless claims in the United States for the week ending November 23 and the revised annualized quarterly rate of real GDP in the third quarter of the United States;
At 23:00 on Wednesday, the annual rate/monthly rate of the US core PCE price index in October and the monthly rate of US personal spending in October;
At 22:45 on Friday, the US Chicago PMI for November.
