The main events of Friday!

On Friday, December 21, attention should be paid to GDP data in the UK, USA and Canada.

At 01:30 –  inflation data in Japan will be published:
– National Core Consumer Price Index (CPI) (y/y) (November), forecast 1.0%, previous 1.0%.
– National CPI (m/m), previous value  0.2%.

At 09:00 – Gfk consumer climate index of Germany (January) will be released,  forecast 10.3, previous value  10.4.

At 11:30 – the UK GDP data will be released:
– Business investment (q/q) (Q3), forecast -1.2%, previous -1.2%.
– Current account balance (Q3), forecast -21.2B, previous value -20.3B.
– GDP (q/q) (Q3),  forecast 0.6%,  previous value 0.6%.
– GDP (y/y) (Q3), forecast 1.5%, previous value 1.5%.

At 15:30 – a report on the US GDP will be released:
– Shipments of nondefense capital goods (excluding aircraft) (m/m), previous value 0.3%.
– Core durable goods orders (m / m) (November), forecast of 0.3%, previous value  0.2%.
– Durable goods orders (m/m) (November),  forecast 1.6%, previous value  -4.3%.
– GDP (q/q) (Q3),  forecast of 3.5%, previous value  3.5%.
– GDP deflator (q/q) (Q3), forecast 1.4%, previous value 1.4%.

Also at 15:30 – Canada’s GDP data will be published:
– Core Retail Sales Index (m/m) (Oct), forecast 0.2%, previous 0.1%.
– GDP (m/m) (Oct), forecast 0.2%,  previous value -0.1%.
– Retail sales (m/m) (October),  forecast 0.4%,  previous value  0.2%.

At 17:00 – the US data will be released:
– Core price index of personal consumption expenditures (y/y) (November),  forecast  1.9%,  previous value  1.8%.
– Core price index for personal consumption expenditures (m/m) (November), forecast 0.2%, previous value 0.1%.
– Michigan Consumer expectations index  (December), forecast 86.1, previous value 86.1.
– Michigan Consumer sentiment index (December), forecast 97.6,  previous value  97.5.
– Personal spending (m/m) (November),  forecast 0.3%,  previous value 0.6%.

Also at 17:00 – Bank of Canada business outlook survey will be announced.

At 20:00 –   number of Baker Hughes oil rigs in the USA,  previous value 873.

Hanzenko Anton