The US is gearing up for Thanksgiving celebrations, so expect the traditional stories of travel chaos and traffic jams in the days leading up to the national holiday on Thursday. Then prepare for the next day’s economic analysis of Black Friday sales figures.
After a week or so of international summits, President Joe Biden will be forced to talk turkey (not other world leaders) this Monday. traditional pardon bird of the holiday season – may choose to save the turkey because of others, of course increased costs.
Across the Atlantic, before Christmas, bird flu was a nightmare for British poultry farmers it gets worsethe great constitutional event is the decision of the Supreme Court — due on Wednesday — On whether the Scottish parliament can call a second independence referendum without the approval of the UK government at Westminster.
Nicola Sturgeon, leader of the Scottish National Party, with some irony to thank for the failure of the first referendum to get the job as first minister because it forced his resignation predecessor Alex Salmondyou have raised the stake By bidding for IndyRef2.
Campaigners for Scottish independence attend a rally in Glasgow © Robert Perry/EPA-EFE
The expectation is that the court will rule against Sturgeon’s proposal, which some have argued its true purpose because it will fuel nationalist resentment of Westminster ahead of general elections in the next two years.
British business leaders will be able to have their say on UK politics at the CBI conference starting in Birmingham on Monday. Speakers include “senior cabinet minister”, John Lewis Partnership chairman Sharon White and BT Group chief executive Philip Jansen.
Yes, and more football is played. click for FT’s comprehensive Qatar coverage.
Economic data
The G7 flash purchasing managers’ index reports are the highlight of a light statistical schedule thanks to Thanksgiving. Also, the OECD updates its economic forecasts on Tuesday.
Evaluation intentions November will be in the news again with the minutes of the Federal Open Market Committee showing how opinion has shifted among US central bankers. Interest rate hikes are expected in South Korea, which is forecast to increase by 25 basis points, and in South Africa, which is forecast to increase by 75 basis points. Turkey bucks this trend with an expected jumbo decline of 150 basis points.
Companies
Just in time for the biggest retail event of the US calendar, we have gains from US and UK retailers Best Buy, Abercrombie & Fitch, Halfords, Pets at Home and Mothercare.
Ingka Group, which owns the majority of Ikea stores worldwide, reports full-year figures on Thursday that will include the home furnishings retailer’s profit.
Read the full week-ahead calendar here.
