Market Outlook
This week holds major economic news that could potentially impact the market. Let’s take a closer look at what is coming ahead.
Inflation Releases
The Producer Price Index (PPI) y/y is scheduled to be released by the Bank of Japan on Tuesday, December 12, 2023, at 3:50 AM, GMT+4 (Dubai Time)
The Consumer Price Index (CPI) y/y and the Core CPI m/m in the U.S. are set to be released by the Bureau of Labor Statistics on Tuesday, December 12, 2023, at 5:30 PM, GMT+4 (Dubai Time).
Interest Rate Releases
Central Banks of major economies such as the U.S., the UK, Europe, and Switzerland are scheduled to release their interest rates.
Retail Sales
Retail Sales m/m in the U.S. are scheduled to be released by the Census Bureau on Thursday, December 14, 2023, at 5:30 PM, GMT+4 (Dubai Time).
Retail Sales y/y are set to be released by the National Bureau of Statistics of China on Friday, December 15, 2023, at 6:00 AM, GMT+4 (Dubai Time).
Flash Manufacturing and Services PMI
The S&P Global is set to release both the Flash Manufacturing and Services PMI figures for Europe, the UK, and the U.S. on Friday, December 15, 2023. The release times are scheduled for 1:00 PM, 1:30 PM, and 6:45 PM, GMT+4 (Dubai Time), respectively.
Press Conferences
The FOMC Press Conference will be taking place on Wednesday, December 13, 2023, at 11:30 PM, GMT+4 (Dubai Time).
The ECB Press Conference will be held on Thursday, December 14, 2023, at 5:45 PM, GMT+4 (Dubai Time).
The content published above has been prepared by CFI for informational purposes only and should not be considered as investment advice. Any view expressed does not constitute a personal recommendation or solicitation to buy or sell. The information provided does not have regard to the specific investment objectives, financial situation, and needs of any specific person who may receive it, and is not held out as independent investment research and may have been acted upon by persons connected with CFI. Market data is derived from independent sources believed to be reliable, however, CFI makes no guarantee of its accuracy or completeness, and accepts no responsibility for any consequence of its use by recipients.