The main events of the day

Thursday, December 14, is full of news. In addition to statistical data on Australia, China, the euro area, the United Kingdom and the United States, this day the results of the meetings of the Central Bank of Switzerland, the UK and the euro area will be published.

The market continues to assess the results of the meeting of the US Federal Reserve and the speech of the US President D. Trump. Also, the market’s attention shifted to the minutes of the meeting of the Swiss Central Bank, the UK and the euro area.

The crypto currency market maintains a positive attitude and strengthened on all fronts.

At 02:30 – data on employment in Australia:
– Change in employment in Australia, the forecast is 19.2K, the previous value is 3.7K.
– Change in full employment in Australia, the previous value is 24.3K.
– The unemployment rate in Australia, the forecast is 5.4%, the previous value is 5.4%.

At 04:00 – publication of the statistics on China:
– Investments in China’s fixed capital (y/y), the forecast is 7.2%, the previous value is 7.3%.
– The volume of industrial production in China (y/y), the forecast is 6.2%, the previous value is 6.2%.

At 06:30 – release of the volume of industrial production in Japan (m/m), the forecast is 0.5%, the previous value is 0.5%.

At 10:30 – publication of the results of the meeting of the Swiss Central Bank:
– Swiss Central Bank decision on the interest rate, the forecast is -0.75%, the previous value is -0.75%.
– Evaluation of the monetary policy of the National Bank of Switzerland.

Also, at 10:30 – data on Germany:
– Index of business activity in the manufacturing sector (PMI) of Germany, the forecast is 62.2, the previous value is 62.5.
– The index of business activity in the German services sector, the forecast is 54.7, the previous value is 54.3.

At 11:00 – publication of the monthly report of the International Energy Agency for the oil market.

Also at 11:00 – a press conference of the National Bank of Switzerland.

At 11:00 – statistics on the euro area:
– The index of business activity in the manufacturing sector (PMI) of the euro area, the forecast is 59.8, the previous value is 60.1.
– Composite index of business activity (PMI) by Markit in the euro area, the forecast is 57.2, the previous value is 57.5.
– The index of business activity in the services sector in the euro area, the forecast is 56.1, the previous value is -56.2.

At 11:30 – data on the UK:
– The basic index of retail sales in the UK (y/y), the forecast is 0.4%, the previous value is -0.3%.
– The base retail sales index in the UK (m/m), the forecast is 0.5%, the previous value is 0.1%.
– The volume of retail sales in the UK (y/y), the forecast is 0.3%, the previous value is -0.3%.
– The volume of retail sales in the UK (m/m), the forecast is 0.4%, the previous value is 0.3%.

At 14:00 – publication of the results of the meeting of the Bank of England:
– The total volume of the Bank of England’s QE program, the forecast is 435D, the previous value is 435D.
– The decision on the interest rate of the Bank of England, the forecast is 0.50%, the previous value is 0.50%.
– Minutes of the meeting of the Committee for Monetary Policy of the Bank of England.

At 14:45 – the results of the ECB meeting:
– The deposit rate in the euro area, the forecast is -0.40%, the previous value is -0.40%.
– Decision on ECB interest rate, the forecast is 0.00%, the previous value is 0.00%.

At 15:30 – publication of a news block on the US and Canada:
– The basic index of retail sales in the US (m/m), the forecast is 0.7%, the previous value is 0.1%.
– US export price index (m/m), the forecast is 0.2%, the previous value is 0.7%.
– US import price index (m/m), the forecast is 0.8%, the previous value is 0.2%.
– The number of initial applications for unemployment benefits in the US, the forecast is 239K, the previous value is 236K.
– The volume of retail sales in the US (m/m), the forecast is 0.3%, the previous value is 0.2%.
– The index of prices for new housing in Canada (m/m), the forecast is 0.2%, the previous value is 0.2%.

Also, at 15:30 – a press conference of the ECB.

At 16:45 – publication of data on the US:
– The index of business activity in the manufacturing sector, the forecast is 54.2, the previous value is 53.9.
– The index of business activity (PMI) in the US services sector, the forecast is 54.6, the previous value is 54.5.

At 17:00 – announcement of the volume of inventories in the US (m/m), the forecast is -0.1%, the previous value is 0.0%.

At 19:25 – the speech of the head of the Bank of Canada, Poloz.

At 23:30 – release of the index of business activity in the manufacturing sector (PMI) of New Zealand, the previous value is 57.2.

Hanzenko Anton