The main events of the day

On Wednesday, December 20, the market will be focused on data on the US and New Zealand. Representatives of the Central Bank of Germany and Great Britain will hold speeches.

The market monitors the progress of the tax reform in the US and the correction of crypto-currencies.

At 09:00 – release of the producer price index (PPI) of Germany (m/m), the forecast is 0.2%, the previous value is 0.3%.

At 15:00 – the speech of the President of the Bundesbank, Weidmann.

At 15:15 – the speech of the head of the Bank of England, Carney.

At 15:30 – announcement of the volume of wholesale sales in Canada (m/m), the forecast is 0.5%, the previous value is -1.2%.

At 17:00 – data on real estate in the US:
– Sales in the secondary housing market in the US (m/m), the forecast is 0.9%, the previous value is 2.0%.
– Sales in the secondary housing market in the US, the forecast is 5.54M, the previous value is 5.48M.

At 17:30 – announcement of the oil reserves in the US:
– Reserves of crude oil in the US, the forecast is -3.518M, the previous value is -5.117M.
– Data on surplus oil reserves in Cushing (Oklahoma, USA), the previous value is -3.317M.

At 23:45 – publication of the GDP of New Zealand (q/q), the forecast is 0.5%, the previous value is 0.8%.

Hanzenko Anton