Fundamental Weekly Outlook, Dec 21-24

Fundamental Weekly Outlook, Dec 21-24

EU:
• Tuesday: Germany GfK Consumer Confidence Survey (Previous 3.7, Forecast 3.5), France Producer Prices MoM (Previous 0.8%, Forecast 0.1%)  & YoY (Previous -6.6%, Forecast -4.7%).
• Wednesday: Germany Import Price Index MoM (Previous 0.5%, Forecast 0.3%) & YoY (Previous -8.1%, Forecast -5.2%), France Consumer Spending MoM (Previous 1.1%, Forecast 0.5%) & YoY (Previous 3.5%, Forecast 3.3%)

US:
• Monday: Chicago Fed (Previous -1.08, Forecast N/A).
• Tuesday: GDP QoQ (Previous -0.3%, Forecast -0.1%), Personal Consumption (Previous 2.9%, Forecast 2.9%), Richmond Fed Manufacturing Index (Previous 1, Forecast 4), House Price Index MoM (Previous 0.0%, Forecast N/A), Existing Home Sales MoM (Previous 10.1%, Forecast 2.5%).
• Wednesday: Personal Income (Previous 0.2%, Forecast 0.5%), Personal Spending (Previous 0.7%, Forecast 0.7%), University of Michigan Confidence (Previous 73.4, Forecast 74.0), New Home Sales MoM (Previous 6.2%, Forecast 1.9%).
• Thursday: Durable Goods Orders (Previous -0.6%, Forecast 0.5%), Durables Ex Transportation (Previous -1.3%, Forecast 1.0%), Initial Jobless Claims (Previous 480K, Forecast 470K).

JP:
• Monday: Trade Balance (Previous 807.1B, Forecast 300.0B), All Industry Activity Index MoM (Previous -0.6%, Forecast 1.0%),
• Tuesday: Small Business Confidence (Previous 43, Forecast N/A).
• Thursday:  BOJ Minutes (Text report).
• Friday:  Jobless Rate (Previous 5.1%, Forecast 5.2%), Tokyo CPI YoY (Previous -2.2%, Forecast -2.0%), Tokyo CPI Ex Food & Energy YoY (Previous -1.3%, Forecast -1.4%), National CPI YoY (Previous -2.5%, Forecast -2.0%), National CPI Ex Food & Energy YoY (Previous -1.1%, Forecast -1.1%), Housing Starts YoY (Previous -27.1%, Forecast -23.0%).

UK:
• Tuesday: GDP QoQ (Previous -0.3%, Forecast -0.1%) & YoY (Previous -5.1%, Forecast -4.9%), Current Account (Previous -11.4B, Forecast -8.2B).
• Wednesday: Bank of England Minutes (Text report).

AU:
• Tuesday: Conference Board Leading Index (Previous 0.3%, Forecast N/A).

CA:
• Monday: Retail Sales MoM (Previous 1.0%, Forecast 0.7%), Retail Sales Less Autos MoM (Previous 1.1%, Forecast 0.2%).
• Wednesday: GDP MoM (Previous 0.4%, Forecast 0.3%).

Forex trading by Munther Marji for Forexpros.

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