Economic calendar: CPI from euro area and Chilean industrial production

• US markets to close earlier today

• European CPI data expected to show an acceleration

• Industrial production in Chile forecasted to decline

While the Thanksgiving Day was yesterday, holiday weekend in the US continues. Wall Street will hold a session today but markets will close earlier. US30, US100, US500, US2000, TNOTE, VOLX and USFANG will cease trading at 6:15 pm GMT. Sector indices - USCHN, USBIOT, USGAME, USMEDIA - will trade until 6:00 pm GMT while CORN, SOYBEAN, WHEAT will trade in between 2:30 pm GMT and 6:05 pm GMT. NATGAS, GOLD, SILVER and PLATINUM will cease trading at 6:45 pm GMT.

8:30 am GMT - Sweden, GDP report for Q3. Expected: 1.8% YoY, previous: 1% YoY

8:55 am GMT - Germany, unemployment rate for November. Expected: 5%, previous: 5%

9:00 am GMT - Poland, CPI inflation for November. Expected: 2.6% YoY, previous: 2.5% YoY

10:00 am GMT - Euro area, CPI inflation for November. Preliminary CPI data for November from EU member countries has been mixed so far. Spain saw faster than expected acceleration while German data came more or less in line with forecasts. Reading for the whole euro area is expected to show an acceleration to 0.9% YoY.

12:00 pm GMT - Chile, Industrial production for October. Chile is being hit by the biggest social unrest in decades as people express their dissatisfaction with inequality. Protests began in mid-October therefore economy data for the month should reflect the damage to the economy. Industrial output figures for October will be released today and they are expected to show a drop of 6% YoY

1:30 pm GMT - Canada, GDP report for Q3. Expected: 1.2% annualized QoQ, previous 3.7%

Central bankers’ speeches

• 8:00 am GMT - ECB’s de Cos

• 4:10 pm GMT - ECB’s Villeroy

• 5:30 pm GMT - ECB’s Guindos