The main events of Tuesday!

On Tuesday, December 18, market attention will be focused on data on the monetary policy of Australia, the business climate in Germany and construction in the United States.

At 02:00 – ANZ business confidence index (December),  previous value -37.1.

At 02:30 – the results of the RBA meeting will be published:
– Economic and budget forecast for the middle of the year.
– Monetary policy meeting minutes.

At 11:00 – a report on business activity in Germany:
– Business expectations in Germany, previous value  98.7.
– Current assessment in Germany,  previous value  105.4.
– IFO business climate index in Germany, forecast 101.8,  previous value  102.0.

At 15:30 –  data on real estate in the United States:
– Building permits  (November), forecast 1,259M,  previous value 1,265M.
– Building permits  (m/m) (November),  forecast  0.0%, previous value  -0.4%.
– Housing starts (m/m) (November),  previous value  1.5%.
– Housing starts (November), forecast 1,225M, previous value  1,228M.

Also at 15:30 –  sales in the manufacturing sector (m/m) (October) in Canada, forecast  0.4%,  previous value 0.2%.

At 23:30 – API weekly crude oil inventories in the United States,  previous value  -10.180M.

At 23:45 – data on the trade balance of New Zealand will be released:
– Current account balance (y/y) (Q3), forecast -10.34B, previous value -9.54B.
– Current account balance (q/q) (Q3), forecast -5.94B, previous value -1.62B.

Hanzenko Anton