This week holds significant key economic news that has the potential to impact markets. Let’s take a closer look at what’s in store:
Tuesday, December 18, 2023
The Bank of Japan (BOJ) is scheduled to release its Policy Rate at 4:14 PM, GMT+4 (Dubai Time). The market anticipates the rate to remain as is at -0.10%.
The Consumer Price Index (CPI) m/m is set to be released by Statistics Canada at 5:30 PM, GMT+4 (Dubai Time). The market expects a decrease, indicating easing inflationary pressures.
Wednesday, December 19, 2023
The Office for National Statistics is scheduled to release the Consumer Price Index (CPI) y/y in the UK at 11:00 AM, GMT+4 (Dubai Time). The market forecasts a drop, indicating easing inflationary pressures.
CB Consumer Confidence in the U.S. is set to be released by the Conference Board Inc. at 7:00 PM, GMT+4 (Dubai Time). The market expects a rise, indicating improved consumer financial confidence.
The National Association of Realtors is scheduled to release the Existing Home Sales data in the U.S. at 7:00 PM, GMT+4 (Dubai Time). The market anticipates a decrease, indicating a decline in the real estate sector.
Thursday, December 20, 2023
Retail Sales m/m is set to be released by Statistics Canada at 5:30 PM, GMT+4 (Dubai Time). The market forecasts an increase, indicating improved consumer spending.
The Department of Labor is scheduled to release the Unemployment Claims data in the U.S. at 5:30 PM, GMT+4 (Dubai Time). The market anticipates a rise, which is seen as a negative economic indicator.
The Philly Fed Manufacturing Index is scheduled to be released by the Federal Reserve Bank of Philadelphia at 5:30 PM, GMT+4 (Dubai Time). The market forecasts an increase, signaling improved economic health.
Friday, December 22, 2023
Retail Sales m/m data in the UK is set to be released by the Office for National Statistics at 11:00 AM, GMT+4 (Dubai Time). The market expects a rise, indicating improved consumer spending.
The Gross Domestic Product (GDP) m/m is scheduled to be released by Statistics Canada at 5:30 PM, GMT+4 (Dubai Time). The market anticipates an increase, signaling improved economic activity.
Core PCE Price Index m/m data in the U.S. is scheduled to be released by the Bureau of Economic Analysis at 5:30 PM, GMT+4 (Dubai Time). The market forecasts the rate to remain as is at 0.2%.
The Census Bureau is set to release the Durable Goods Orders m/m data in the U.S. at 5:30 PM, GMT+4 (Dubai Time). The market expects a rise, indicating improved purchasing orders.
New Home Sales in the U.S. is scheduled to be released by the Census Bureau at 7:00 PM, GMT+4 (Dubai Time). The market anticipates a rise, signaling improvement in the Real Estate sector.
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