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Economic Calendar

Friday, November 28, 2025

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 HolidayUnited States - Thanksgiving Day - Early close at 13:00

00:00  JPYConstruction Orders (YoY) (Oct)  34.7%

00:00  JPYHousing Starts (YoY) (Oct) -5.0%-7.3%

01:00  ZARM3 Money Supply (YoY) (Oct)  6.07%

01:00  ZARPrivate Sector Credit (Oct)  6.03%

02:00  EURGerman Import Price Index (MoM) (Oct) 0.0%0.2%

02:00  EURGerman Import Price Index (YoY) (Oct) -1.6%-1.0%

02:00  EURGerman Retail Sales (MoM) (Oct) 0.1%0.2%

02:00  EURGerman Retail Sales (YoY) (Oct)  0.2%

02:45  EURFrench Consumer Spending (MoM) (Oct) 0.3%0.3%

02:45  EURFrench CPI (MoM) (Nov)   0.0%0.1%

02:45  EURFrench CPI (YoY) (Nov)   1.0%0.9%

02:45  EURFrench GDP (QoQ) (Q3) 0.5%0.3%

02:45  EURFrench GDP (YoY) (Q3) 0.9%0.7%

02:45  EURFrench HICP (MoM) (Nov)    0.1%

02:45  EURFrench HICP (YoY) (Nov)   0.1%0.8%

02:45  EURFrench Non-Farm Payrolls (QoQ) (Q3) -0.3%0.2%

02:45  EURFrench PPI (MoM) (Oct)  -0.2%

02:45  EURPPI (YoY) (Oct)  0.10%

03:00  CHFKOF Leading Indicators (Nov) 100.9101.3

03:00  CHFOfficial Reserves Assets (Oct)  840.6B

03:00  CHFGDP (QoQ) (Q3) -0.4%0.1%

03:00  CHFGDP (YoY) (Q3)  1.2%

03:00  EURCore CPI (YoY) (Nov)    2.5%

03:00  EURSpanish CPI (MoM) (Nov)    0.7%

03:00  EURSpanish CPI (YoY) (Nov)   3.0%3.1%

03:00  EURSpanish HICP (YoY) (Nov)   2.9%3.2%

03:00  EURSpanish HICP (MoM) (Nov)   -0.2%0.5%

03:00  EURSpanish Retail Sales (YoY) (Oct)  4.2%

03:30  HKDM3 Money Supply (Oct)  4.5%

03:55  EURGerman Unemployment Change (Nov) 4K-1K

03:55  EURGerman Unemployment Rate (Nov) 6.3%6.3%

03:55  EURGerman Unemployment (Nov)  2.973M

03:55  EURGerman Unemployment n.s.a. (Nov)  2.910M

04:00  EURItalian GDP (QoQ) (Q3) 0.0%-0.1%

04:00  EURItalian GDP (YoY) (Q3) 0.4%0.4%

04:00  EURBaden Wuerttemberg CPI (YoY) (Nov)    2.3%

04:00  EURBaden Wuerttemberg CPI (MoM) (Nov)    0.3%

04:00  EURBavaria CPI (MoM) (Nov)    0.3%

04:00  EURBavaria CPI (YoY) (Nov)    2.2%

04:00  EURBrandenburg CPI (MoM) (Nov)    0.4%

04:00  EURBrandenburg CPI (YoY) (Nov)    2.6%

04:00  EURGerman Buba Balz Speaks     

04:00  EURHesse CPI (MoM) (Nov)    0.3%

04:00  EURHesse CPI (YoY) (Nov)    2.4%

04:00  EURNorth Rhine Westphalia CPI (YoY) (Nov)    2.3%

04:00  EURNorth Rhine Westphalia CPI (MoM) (Nov)    0.4%

04:00  EURSaxony CPI (YoY) (Nov)    2.1%

04:00  EURSaxony CPI (MoM) (Nov)    0.3%

04:00  EURSpanish Current account (Sep)  5.08B

05:00  EURItalian CPI (MoM) (Nov)   -0.1%-0.3%

05:00  EURItalian CPI (YoY) (Nov)    1.2%

05:00  EURItalian HICP (MoM) (Nov)    -0.2%

05:00  EURItalian HICP (YoY) (Nov)    1.3%

05:00  INRFederal Fiscal Deficit (Oct)  5,731.23B

05:00  EURGerman Buba President Nagel Speaks     

05:30  INRCumulative Industrial Production (Oct)  3.00%

05:30  INRGDP Quarterly (YoY) (Q2)  7.8%

05:30  INRIndustrial Production (YoY) (Oct) 3.6%4.0%

05:30  INRManufacturing Output (MoM) (Oct)  4.8%

06:00  EURItalian Trade Balance Non-EU (Oct)  2.74B

06:00  EURFrance Jobseekers Total (Oct)  3,082.0K

06:30  INRBank Loan Growth  11.3%

06:30  INRDeposit Growth  9.7%

06:30  INRFX Reserves, USD  692.58B

06:30  INRRBI Monetary and Credit Information Review     

06:30  BRLNet Debt-to-GDP ratio (Oct)  64.8%

06:30  BRLBudget Balance (Oct)  -102.185B

06:30  BRLBudget Surplus (Oct)  -17.452B

06:30  BRLGross Debt-to-GDP ratio (MoM) (Oct)  78.1%

07:00  EURSpanish Consumer Confidence (Oct)  81.5

07:00  BRLUnemployment Rate (Oct) 5.5%5.6%

07:00  ZARTrade Balance (Oct)  21.76B

08:00  EURGerman CPI (MoM) (Nov)   -0.2%0.3%

08:00  EURGerman CPI (YoY) (Nov)   2.4%2.3%

08:00  EURGerman HICP (MoM) (Nov)   -0.6%0.3%

08:00  EURGerman HICP (YoY) (Nov)   2.4%2.3%

08:30  CADGDP Implicit Price (QoQ) (Q3)  0.00%

08:30  CADGDP (QoQ) (Q3)  -0.4%

08:30  CADGDP (MoM) (Sep) 0.2%-0.3%

08:30  CADGDP (YoY) (Q3)  1.21%

08:30  CADGDP Annualized (QoQ) (Q3)  -1.6%

08:31  CADGDP (MoM) (Oct)     

09:45  USDChicago PMI (Dec)  43.8

11:00  CADBudget Balance (Sep)  -3.28B

11:00  CADBudget Balance (YoY) (Sep)  -11.07B

12:30  BRLCAGED Net Payroll Jobs (Oct) 105.00K213.00K

13:31  ZARBudget Balance (MoM) (Oct)  -15.36B

16:30  USDFed's Balance Sheet   

16:30  USDFed's Balance Sheet  6,555B

16:30  USDReserve Balances with Federal Reserve Banks  2.918T

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Elliott Wave Theory

The Elliott Wave theory is a theory in technical analysis used to describe price movements in the financial market. The theory was developed by Ralph Nelson Elliott after he observed and identified recurring, fractal wave patterns. Waves can be identified in stock price movements and in consumer behavior. 

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Alligator Indicator

Legendary trader Bill Williams, an early pioneer of market psychology, developed the trend-following Alligator indicator, which follows the premise that financial markets and individual securities trend just 15% to 30% of the time while grinding through sideways ranges the other 70% to 85% of the time.

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Ichimoku Cloud

The Ichimoku Cloud is a type of chart used in technical analysis to display support and resistance, momentum, and trend in one view. TenkanSen and KijunSen are similar to moving averages and analyzed in relationship to one another. When the shorter term indicator, TenkanSen, rises above the longer term indicator, KijunSen, the securities trend is typically positive.

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