The most important upcoming events and publications

The most important upcoming events and publications for December, 17 (GMT):

10:00 EU Consumer Price Index rarely causes a big surge on the EUR volatility. However, last few weeks, markets have focused on regional data, as it can shed light on the ECB’s rate policy.

11:00 U.K. CBI Industrial Orders is expected to indicate a slowdown, dropping from 10 to 6 points. A sharper decline can put some pressure on the GBP course, due to fears of spreading the negative Brexit impact.

13:30 U.S. Empire State Manufacturing Index was on the rise for past several months, reflecting production growth. However, investors and traders are fearing that any slowdown may put serious pressure on USD.

See the detailed Economic calendar here