The economic week: Dragons charging the ‘bazooka’ – AGI – Agenzia Journalistic Italy

12:02 November 29, 2015

 (AGI) - Rome, Nov. 29 . - And 'the directors of the ECB on Thursday' the appointment of the week more 'expected by the markets. A further lowering of deposit rates, already 'in negative territory, and an extension of the program of' quantitative easing ', extended to bonds of local authorities, are the measures that should be announced by Mario Draghi, struggling with a' Eurozone where inflation and growth continues to lag, especially for the continued decline in commodity prices. In this regard, it will be 'crucial summit on Friday OPEC', although few observers to bet on a change of course. The decision, supported by the Saudis, not to cut production to maintain market share, despite the drop in prices, it is therefore bound to confirmation. From the macroeconomic point of view, the main event arrives Friday ', with data on the US labor market which, together with the' beige book 'published the day before, will offer more clues on the timing of the rise in the cost of money  announced by the Federal Reserve, whose president, Janet Yellen, and 'waiting on the same days from Congress for an audition. The markets, however, seem to have already '' priced 'the hypothesis of a close in December. - Monday 'on November 30 ITALY: inflation in November, producer prices in October GERMANY: Retail sales in October and November inflation SPAIN: retail sales in October, the balance of payments in September GB: the Bank of England publishes the results of stress test US: pending home sales JAPAN: Industrial production in October; says the governor of the BOJ, Haruhiko Kuroda. - Tuesday 'Dec. 1 EUROZONE: October unemployment ITALY: October unemployment, GDP for the third quarter GERMANY: Unemployment in November USA: ISM manufacturing index in November, construction spending in October, Charles Evans speaks Chicago Fed CHINA: PMI Services November - Wednesday 'December 2 EUROZONE: Inflation flash of November, prices October production SPAIN: unemployment in November  US: ADP report on private sector employment, weekly crude stocks, the Fed's Beige Book, the Fed President Janet speak Yellen and Dennis Lockhart of the Atlanta Fed - Thursday 'December 3 ECB rate decision and the extension of the' Q, ', the press conference of President Mario Draghi EUROZONE: retail sales in October FRANCE: unemployment in the third quarter USA: weekly data jobless claims, factory orders in October, ISM services index in November, hearing of Fed Chairman Janet Yellen BRAZIL: Industrial production in October - Friday 'December 4 GERMANY: Factory orders for October USA: new jobs and unemployment November, the trade balance in October, Mario Draghi and William Dudley of the New York Fed Economic Club OPEC: summit in Vienna on production. (AGI).