Economic calendar: Stimulus talks and FED in focus

08:42 16 December 2020
  • FOMC meeting
  • Private sector PMI figures from Europe and the US
  • US sales data
It’s a particularly busy day on the economic calendar, with private sector PMIs and the FED in focus. US central bank is expected to leave rates unchanged while signaling it may stay there for years to come for supporting the economy. Traders will be looking for more information on the pace of bond purchases and any potential policy changes. Also news from Capitol Hill and any updates on Brexit will also influence markets. US Congress moves toward agreement on a spending package which must be passed by Friday, ahead of the measures to avert a government shutdown. Hopes are also rising for another deal, a $748 billion bipartisan proposal for COVID-19 relief. 
 
8:15 am GMT - French Flash Services PMI. Expected: 39.9. Previous: 38.8
8:15 am GMT -French Flash Manufacturing PMI. Expected: 50.0. Previous: 49.6
8:30 am GMT -German Flash Manufacturing PMI. Expected: 56.4. Previous: 57.8
8:30 am GMT -German Flash Services PMI. Expected: 44.1. Previous: 46.0
9:00 am GMT -Eurozone Flash Manufacturing PMI. Expected: 53.0. Previous: 53.8
9:00 am GMT -Eurozone Flash services PMI. Expected: 41.9. Previous: 41.7
9:30 am GMT -UK Flash Manufacturing PMI. Expected: 55.9. Previous: 55.6
9:30 am GMT -UK Flash Services PMI. Expected: 50.5. Previous: 47.6
1:30 pm GMT - Canada, CPI MoM. Expected: 0.0%. Previous: 0.4%
1:30 pm GMT - US, retail sales for November. Expected: -0.3% MoM. Previous: 0.3% MoM
1:30 pm GMT - US, core retail sales for November. Expected: 0.1% MoM. Previous: 0.2% MoM
2:45 pm GMT -US Flash Manufacturing PMI. Expected: 55.9. Previous: 56.7
2:45 pm GMT -US Flash Services PMI. Expected: 55.7. Previous: 58.4
3:30 pm GMT -EIA Crude Oil Inventories. Expected: -3.5M. Previous: 15.189M
7:00 pm GMT - FOMC rate decision (press conference - 7:30 pm GMT)

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.

Back

Join over 1.6 Million investors from around the world