Today’s macroeconomic calendar is exceptionally busy. In the first part of the day, market attention will focus on the interest-rate decisions from the Bank of England (BOE) and the European Central Bank (ECB). Later, attention will shift across the Atlantic, where we will get the U.S. CPI inflation report for November.
Detailed calendar for the day:
12:00 PM GMT, United Kingdom - BoE Interest Rate Decision for December:
- forecast 3.75%; previous 4.00%;
- BoE MPC vote unchanged: forecast 4; previous 5;
- BoE MPC vote hike: forecast 0; previous 0;
- BoE MPC vote cut: forecast 5; previous 4;
12:30 PM GMT, United Kingdom - BoE Gov Bailey Speaks
01:15 PM GMT, Euro Zone - ECB Interest Rate Decision for December:
- forecast 2.15%; previous 2.15%;
01:15 PM GMT, Euro Zone - ECB Monetary Policy Statement
01:30 PM GMT, United States - Inflation Data for November:
- CPI: forecast 3.1% YoY; previous 3.0% YoY;
- CPI: forecast 0.3% MoM; previous 0.3% MoM;
- Core CPI: forecast 0.3% MoM; previous 0.2% MoM;
- Core CPI: forecast 3.0% YoY; previous 3.0% YoY;
01:30 PM GMT, United States - Employment Data:
- Continuing Jobless Claims: forecast 1,930K; previous 1,838K;
- Jobless Claims 4-Week Avg.: previous 216.75K;
- Initial Jobless Claims: forecast 224K; previous 236K;
Yen holds its breath ahead of the Bank of Japan; are we in for the first rate hike since Januaryโ
ECB conference (LIVE)
BREAKING: EURUSD surges after a much lower US CPI reading ๐
BREAKING: BoE cuts interest rates. GBPUSD rebounds
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
