Important upcoming events and publications
December 19, 2018 @ 12:02 +03:00
Important upcoming events and publications for December, 19 (GMT):
09:30 UK Consumer Price Index is able to cause a rapid movement of GBP, in case of deviation from the expectations. Analysts, on average, predict slowdown from 2.4% to 2.3% yoy rate. More dramatic scenario will be considered as a sign of economical problems and will make some negative impact on the pound.
13:30 Canada Consumer Price Index is able to cause a violent CAD movement, if the forecast is not released. Sharp slowdown of annual inflation from 2.4% to 1.8% is expected: that will be a sign of a cooling economy and may force the Bank of Canada to be more careful in the interest rates raising.
15:30 US Crude Oil inventories data could have a serious impact on Brent and #WTI prices. Markets fear of Crude OIl supply glut, which puts pressure on the energy market, causing a more than 5% collapse in prices overnight.
19:00 US Fed Rate Decision is a central event of recent days and can cause a surge in global markets volatility – especially in USD. The rate is expected to increase, but softer tone can support stock market and weaken the dollar’s position.
See the detailed Economic calendar here