Markets

EMEA Market Outlook: Analyzing Economic Data and the Latest Jobs Report

Published November 29, 2023

Investors in Europe, the Middle East, and Africa (EMEA) are today examining a variety of economic data to guide their trading decisions. Key indicators include industrial turnover, retail trade figures, consumer price indices, and employment outlook surveys, all reported in Greenwich Mean Time (GMT) for accuracy. These insights provide a snapshot into the performance of various sectors across different countries.

Industrial and Retail Data

At 11:00 GMT, Italy reported on its industrial turnover for September, presenting an insight into the production and sales growth within the manufacturing sector—a critical component of the country's economy. Concurrently, Portugal disclosed its October retail trade figures, shedding light on consumer spending trends and the overall health of the retail sector.

Price Index and Job Outlook

Later, at 13:00 GMT, Germany released its provisional Consumer Price Index (CPI) for November. This measure of inflation is closely watched as it can influence the European Central Bank's monetary policy decisions. By the end of the trading day, at 17:59 GMT, the UK's Recruitment and Employment Confederation (REC) distributed its latest JobsOutlook survey results. This survey offers valuable perspectives on the UK's job market, suggesting future trends in employment and economic growth.

All this economic data plays a vital role for investors and analysts, who rely on such information to make informed decisions in the marketplace. In response to the increasing demand for accessible and timely financial news, an advanced version of this briefing is available that is tailored for mobile users and can be delivered directly to subscribers' email inboxes.

The EMEA morning briefing is an essential tool for anyone looking to stay up-to-date with the latest economic trends and developments. Taking advantage of comprehensive reports and surveys can equip investors with the knowledge needed to navigate the complexities of the financial markets confidently.

Economy, Inflation, Employment