This weekly preview examines USOIL and XAUUSD, focusing on upcoming economic data. These figures will drive market trends for the near-term outlook. Here's the most significant economic data for this week: Wednesday: • Chinese Industrial Production data will come out at 02:00 AM GMT. October's figure is expected to fall to 4.3%, down from 4.5%. Confirmation of this prediction could lead to losses in production-related commodities like crude oil, silver, and copper. • The UK inflation rate will be updated at 07:00 AM GMT. It is anticipated to drop from 6.7% to 4.8% for October. Should this be the case, it would mark ... (full story)