9th December 2019 - 13th December 2019
Germany Trade Balance will be released and if a steady demand in exchange for German exports & Imports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the EUR. Followed by the RBA Governor Lowe’s Speech which will be a key indicator of their current economic conditions of Australia. Firstly UK will release their Industrial Production released which measures outputs of the UK factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. Followed by Euro ZEW Economic Sentiment released which measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic. US Consumer Price Index released is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of USD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. It will be a busy day from the US arena with US Monetary Policy Statement & Interest Rate decisions will release its statement regarding monetary policy. The statement may influence the volatility of USD and determine a short-term positive or negative trend. Today will be a busy day in the Economic Top tier since UK, Europe & US will all release their main data today such as ECB Interest Rate Decisions, US Initial Jobless Claims and Two major events such as UK Elections & European Council Meeting will be held till Friday. UK Elections are favored to be won by the Conservative party but it will be deciding factor for Brexit & UK Economics in general. Followed by US Initial Jobless Claims which will be a key indicator of the current economic conditions of US Job Sector Growth. Second day of the European Council Meeting will be held today and followed by Japan’s Industrial Production is released measures outputs of the Japanese factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. Followed by US Retail Sales which is released changes in Retail Sales are widely followed as an indicator of consumer spending. Monday
Tuesday
Wednesday
Thursday
Friday
