The most important event of November 29 was the release of the FOMC Meeting Minutes. However, there were some more releases that are worth your attention.

Asia and Pacific

Japanese retail sales indicator has shown growth as compared to October. The indicator has reached 1,2% and was better than expected as well. As for the yearly basis, retail sales growth has reached 3,5% and was higher than expected as well.

Europe

Economic growth is Switzerland declined lower than expected. The indicator has reached -0,2% as compared to the previous trimester, when the growth was 0,7%.

German employment was at its maximum level since reunification. Employment growth reached 1,2% or 556 000 new employees as compared to the previous year.

Inflation develops its growth in Germany, but slows down currently. However, it is still above the ECB’s target.

Michel Barnier has commented Brexit and has told that this agreed deal is the only possible. All the negotiations are done at the moment. He also mentioned that it is time to ratify the agreement.

The UK Prime Minister Theresa May has also commented Brexit on Thursday. She told that if she fails to gain enough votes in parliament, UK risks to exit the EU without any deal. This news pushed GBP down on Thursday.

The economic sentiment in Eurozone developed its downtrend in November, but this decline was not as low as expected. There was some optimism growth within the industrial sector. Economic sentiment declined from 109,7 to 109,5.

America

The US Consumer Spending data has shown the highest growth for the last 7 months. However, the inflation data was the lowest since February.

The FOMC members are ready to change some expressions in the nearest future. Some of the Federal Reserve Banks’ heads are not sure about the next dates of Interest Rates growth. The FED is still concentrated on the incoming economic data.