Economic calendar: Focus on hard US data

US durable goods orders seen rising in November
Polish construction output slump expected to deepen in November

9:00 am GMT - Poland, construction output and unemployment rate for November. Polish construction output unexpectedly slumped from +7.6% YoY in September to -4% YoY in October. The situation is forecasted to deteriorate further in November as market expects a reading of -6.4% YoY. Unemployment rate is expected to tick higher to 5.1% (5% earlier).

1:30 pm GMT - US, durable goods order for November. US orders data is the top tier macro reading scheduled for release today. Preliminary data for November is expected to show headline gauge rising 1.5% YoY. Core measure (excluding transportation goods) is forecasted to raise 0.2% MoM.

3:00 pm GMT - US, new home sales for November. Expected: -0.4% MoM. Previous: -0.7% MoM

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BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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