Weekly Trading Outlook Nov 30: Santa Claus Rally, Black Friday, ECB, FOMC, Bank of Canada in focus

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This has the potential to be a huge week for economic news and trading. The week kicks off with traders focused on Black Friday/Cyber Monday sales results and wraps with US nonfarm payrolls. In between central banks and PMI reports dominate the calendar. The ECB is expected to announce more stimulus moves while the Bank of Canada is not. Speculation around whether or not the Fed will raise rates in December may also drive trading action with another big host of Fed speakers including both Yellen and Fischer, and several of the last major economic figures before the decision.

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