12/3/2023, 9:34 PM (Source: TeleTrader)
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Week ahead: UK's COVID inquiry and EU-China summit in focus

In the upcoming week, the UK's COVID inquiry takes center stage as former British Prime Minister Boris Johnson faces questioning over a two-day session, where he is reportedly anticipated to acknowledge errors in his administration's pandemic response.

In other political news, Chinese President Xi Jinping is set to host a crucial EU-China summit in Beijing, joined by European Commission President Ursula von der Leyen. Meanwhile, Russian President Vladimir Putin is scheduled to deliver a keynote address at the VTB Bank forum.

Market watchers will closely monitor earnings reports from GameStop Corp., Broadcom Inc., and NIO Inc., and the United States Federal Reserve will keep a close eye on this month's job numbers in the US, which are expected to impact its decisions regarding monetary policy.

Economic indicators such as the bloc's and Japan's GDPs, German CPI and the US unemployment rate will provide insights into global economic health. Japan's Statistics Bureau will also release the latest inflation figure for the Ku-area of Tokyo. Germany, China and the US will release their trade balance data, as the Reserve Bank of Australia informs the public about its decision on interest rates.

Baha Breaking News (BBN) / NL