The main events of the day

On Friday, December 8, the day is full of data on Japan and the UK, but mainly the market will be focused on the report on employment in the US.

The publication of a report on employment in the US is the main planned event of the week, which will have a significant impact on the dynamics of the American currency. Also, the market closely monitors the dynamics of bitcoin, which updates historical highs.

At 01:50 – publication of a news block on Japan:
– Japan’s GDP (q/q), the forecast is 0.4%, the previous value is 0.3%.
– Japan’s GDP (y/y), the forecast is 1.5%, the previous value is 1.4%.
– Japan’s trade balance, the forecast is 418D, the previous value is 852D.

At 02:30 – release of housing loans in Australia (m/m), the forecast is -1.8%, the previous value is -2.3%.

At 09:00 – release of Germany’s trade balance, the forecast is 21.8V, the previous value is 21.8V.

At 11:30 – publication of the news block on the UK:
– The volume of industrial production in Great Britain (m/m), the forecast is 0.0%, the previous value is 0.7%.
– The volume of production in the manufacturing industry in Great Britain (m/m), the forecast is -0.1%, the previous value is 0.7%.
– The trade balance of Great Britain, the forecast is -11.45D, the previous value is -11.25D.
– The trade balance of the UK excluding EU countries, the forecast is -3.30D, the previous value is -2.98D.

At 15:00 –  an estimate of GDP growth in the UK by NIESR, the forecast is 0.3%, the previous value is 0.0%.

At 15:15 – release of the amount of construction of new homes in Canada, the forecast is 221.0K, the previous value is 222.8K.

At 15:30 – announcement of the report on employment in the US:
– The average hourly wage in the US (m/m), the forecast is 0.3%, the previous value is 0.0%.
– Change in the number of employed in the non-agricultural sector of the US, the forecast is 200K, the previous value is 261K.
– The proportion of economically active population in the US, the previous value is 62.7%.
– Change in the number of people employed in private non-agricultural sector, the forecast is 190K, the previous value is 252K.
– The unemployment rate in the US, the forecast is 4.1%, the previous value is 4.1%.

At 20:00 – a number of drilling rigs in the US by Baker Hughes, the previous value is 749.

Hanzenko Anton