mask Week Ahead | US and UK GDP Figures on focus before the Holidays

18/ 12/ 2017

Week Ahead | US and UK GDP Figures on focus before the Holidays

18th December 2017 - 22nd December 2017

Monday

  • EUR Consumer Price Index
  • US NAHB Housing Market

Looking at the economic calendar this week, Monday, Thursday and Friday are busier day of the week, Tuesday and Wednesday will remain as usual with normal reports and data, Investors and Traders have got theirs eyes on week’s first major data which is Consumer Price Index MoM and YoY, and Consumer Price Index core MoM and YOY for the month of November 2017 from Eurozone with NAHB housing market index from US for the month of December 2017.

Tuesday

  • AUD RBA Meeting Minutes
  • EUR IFO, Business Climate
  • US FOMC Member Kashkari Speech

Tuesday is looking half busier day of the week, having some data and reports from Germany, like IFO- Expectation, business climate and current assessment with Labor cost from Eurozone during the first half of the Day and second there would some reports coming from United States like building Permits change and building Permits, Housing starts change and housing starts for the month of November 2017.

Wednesday

  • EUR Producer Price Index
  • UK BoE Governor Carney Speech

Beginning of the day will be from the European strongest economic country from Germany with Producer Price Index MoM and YoY for November 2017, and then afternoon there will be a speech from Bank of England’s Governor Mark Carney and then day will be finishing with EIA crude oil stock change from US and GDP reports from New Zealand.

Thursday

  • UK Gfk Consumer Confidence, Public Sector Net Borrowing
  • BoJ Monetary Policy Statement, Interest Rate Decision, Press Conference
  • US Initial Jobless Claims

The morning itself makes the day busier with delivering some major reports and events from Bank of Japan’s monetary policy statement, interest rate decision and Press conference. In the afternoon US will be releasing some important data and reports like Personal Consumption expenditure and core Personal Consumption Expenditure along with its GDP annualized and GDP Price Index and Initial Jobless claims and Continuing Jobless claims for the month of December 2017. For investor and Traders deal in CAD, late in the afternoon Bank of Canada will be releasing its reports from Consumer Price Index and Consumer Price Index core and Producer Price Index and producer Price Index core for the month of November 2017. And then Day will be finishing with Housing Price Index for Oct.2017 from United States.

Friday

  • US Government Shutdown Limit
  • EUR Gfk Consumer Confidence Survey
  • UK Gross Domestic Product

The day will begin with German reports GFK consumer confidence Survey third quarter GDP report from UK, and afternoon we will be having some major reports from US dollar the Deriver, Core Personal Consumption Expenditure and Personal Consumption Expenditure for the month of November 2017 along with Durable goods orders and Durable goods orders ex-transportation for November 2017 which are major reports for FX market can bring some movement and volatility for Investors and traders, same time Canada will be releasing its GDP for Oct. 2017 and then late in the afternoon, American reports New home sales change and New Home sales will be finishing the Day.