The main events of the day

On Tuesday, December 19, the day is full of statistical data on Germany, the United States and New Zealand.

The market is focused on data on the tax reform in the US and negotiations on Brexit.

At 02:00 – issue of the index of confidence in business circles of New Zealand by ANZ, the previous value is -39.3.

At 02:30 – publication of the minutes of the meeting on the monetary policy of Australia.

At 11:00 – publication of data on Germany:
– Index of business expectations in Germany, the forecast is 110.7, the previous value is 111.0.
– An assessment of the current situation in Germany, the forecast is 124.7, the previous value is 124.4.
– Germany’s IFO business climate index, the forecast is 117.6, the previous value is 117.5.

At 12:00 – publication of the level of wages in the euro area (y/y), the previous value is 2.00%.

At 15:30 – news block on the US:
– The number of building permits issued in the US (m/m), the forecast is -3.1%, the previous value is 7.4%.
– The number of building permits issued in the US, the forecast is 1.278M, the previous value is 1.316M.
– Current account of the US balance of payments, the forecast is -117.2D, the previous value is -123.1D.
– The volume of construction of new homes in the US (m/m), the forecast is 3.2%, the previous value is 13.7%.
– The volume of construction of new homes in the US, the forecast is 1.250M, the previous value is 1.290M.

Preliminary, publication of the price index in New Zealand by Global Dairy Trade, the previous value is 0.4%.

At 11:35 – publication of the weekly stocks of crude oil in the US according to the American Petroleum Institute (API), the previous value is -7.382M.

At 23:45 – data on the trade balance of New Zealand:
– The account of the current operations of the balance of payments of New Zealand (q/q), the forecast is -4.29D, the previous value is -0.62D.
– Current account of the balance of payments of New Zealand (y/y), the forecast is -6,90D, the previous value is -7,49D.
– Trade balance of New Zealand (y/y), the forecast is -2,700M, the previous value is -2,990M.
– Trade balance of New Zealand (m/m), the forecast is -550M, the previous value is -871M.

Hanzenko Anton