Important upcoming events and publications for December, 18 (GMT):
German IFO Business Indicator was declining in the preceding 3 months. December data is expected to confirm this trend, dropping from 102 to 101.8. Significant deviations from the forecast can cause a surge in EUR volatility.
US Building Permits are closely monitored by the markets. It is expected that this data will continue the downward trend since March. As the analysts consider, the number of house bookings in November will remain almost unchanged. Significant deviations from the expectations can seriously affect the #USD quotes.
See the detailed Economic calendar here
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