The main events of Wednesday!

On Wednesday, December 19, the day is saturated with data on the trade balance of Japan, inflation in the UK and Canada. Data on New Zealand’s GDP will be published. The main event of the day will be the publication of the US Federal Reserve protocol.

At 01:50 – data on the trade balance of Japan will be released:
– Adjusted trade balance,  forecast  -0,31T, previous value  -0,30T.
– Export volume (y/y) (November), forecast 1.8%, previous value 8.2%.
– Trade balance (November), forecast -600B, previous value -450B.

At 09:00 – German producer price index (PPI)  (m/m) (November),  forecast  -0.1%,  previous value  0.3%.

At 11:30 – the UK Inflation Report will be released:
– Consumer price index (CPI) (m/m) (November), forecast 0.2%, previous value 0.1%.
– Consumer price index (CPI) (y/y) (November), forecast 2.3%, previous 2.4%.
– Producer price index  (m/m) (November), forecast -2.8%, the previous value 0.8%.

At 13:00 – CBI industrial trends orders (December) will be released in the UK, forecast 6,  previous value 10.

At 15:30 –  current account balance (Q3) will be published in the USA,  forecast  -124.3B,  previous value  -101.5B.

At 15:30 – a report on inflation in Canada will be released:
– Core consumer price index (CPI) (y/y) (November), previous value  1.6%.
– Core Consumer Price Index (CPI) (m/m) (November),  previous value  0.4%.
– Consumer price index (CPI) (m/m) (November), forecast -0.4%, previous value 0.3%.

At 17:00 – data on real estate in the United States:
– Existing home sales  (November), forecast 5.20M,  previous value of 5.22M.
– Existing home sales (m/m) (November), forecast -0.6%,  previous value of 1.4%.

At 17:30 –  a report on oil inventories in the United States:
– Crude oil inventories, forecast -2.475M, previous value -1.208M.
– Cushing (Oklahoma) Crude oil inventories,  previous value  1,148M.

At 21:00 – the results of the Fed meeting will be published:
– Economic forecasts FOMC.
– FOMC statement.
– Fed interest rate decision, forecast  2.50%, previous value 2.25%.

At 21:30 – FOMC press conference will be held.

At 23:45 – New Zealand news block will be released:
– GDP (q/q) (Q3), forecast 0.6%,  previous value of 1.0%.
– Trade balance (m/m) (November), forecast -880M, previous value -1.295M.
– Trade balance (y/y) (November),  previous value  -5.790M.

Hanzenko Anton