Christmas holidays are just around the corner, but plenty of publications could move the FX markets on this Friday. A batch of UK publications open this agenda at 9:30 in the morning, including the high importance release of the final GDP for the third quarter. Previous estimate showed economy expanding at a solid pace of point 6 percent, which was up from point 4 percent growth in the second quarter. The Public Sector Finances for November and Current Account stats for the third quarter will be available at the same time. The Bank of England will then release their quarterly bulletin for the fourth quarter at noon GMT. We then head over the Atlantic for the North American data run. The high importance final US GDP for the third quarter will be available at 1:30 PM GMT. Previous estimates indicated economy expanding at a rapid annual rate of 3 and a half percent. The high importance Advance US Durable Goods stats for November will be available at the same time. Total orders plummeted by 4.3 percent in October, while the core reading posted a slight gain. A couple of Loonie Dollar movers will be published at the same time as well, including the GDP for October. Economy contracted by one tenth of a percent in September and this was the first monthly decline since early 2018. Canadian Retail Sales for October is the final item out at 1:30 PM GMT. Sales edged up by point 2 percent to nearly 60 billion in September following a relatively flat August. A couple releases regarding the US economy wrap up this agenda at 3 PM GMT. The Personal Income and Spending report for November is one of them. Both measures rose at a rapid monthly pace in October and they are expected to increase by point three percent this time around. The final University of Michigan Survey for December wraps up the busy calendar. According to previous estimate, consumer sentiment was unchanged from last month’s reading and it has remained at very favorable levels since the start of 2017. I’m Jack Everitt and that’s all for this edition of the Economic Calendar. Bye for now.
Christmas holidays are just around the corner, but plenty of publications could move the FX markets on this Friday.
A batch of UK publications open this agenda at 9:30 in the morning, including the high importance release of the final GDP for the third quarter. Previous estimate showed economy expanding at a solid pace of point 6 percent, which was up from point 4 percent growth in the second quarter.
The Public Sector Finances for November and Current Account stats for the third quarter will be available at the same time.
The Bank of England will then release their quarterly bulletin for the fourth quarter at noon GMT.
We then head over the Atlantic for the North American data run. The high importance final US GDP for the third quarter will be available at 1:30 PM GMT. Previous estimates indicated economy expanding at a rapid annual rate of 3 and a half percent.
The high importance Advance US Durable Goods stats for November will be available at the same time. Total orders plummeted by 4.3 percent in October, while the core reading posted a slight gain.
A couple of Loonie Dollar movers will be published at the same time as well, including the GDP for October. Economy contracted by one tenth of a percent in September and this was the first monthly decline since early 2018.
Canadian Retail Sales for October is the final item out at 1:30 PM GMT. Sales edged up by point 2 percent to nearly 60 billion in September following a relatively flat August.
A couple releases regarding the US economy wrap up this agenda at 3 PM GMT. The Personal Income and Spending report for November is one of them. Both measures rose at a rapid monthly pace in October and they are expected to increase by point three percent this time around.
The final University of Michigan Survey for December wraps up the busy calendar. According to previous estimate, consumer sentiment was unchanged from last month’s reading and it has remained at very favorable levels since the start of 2017.
I’m Jack Everitt and that’s all for this edition of the Economic Calendar. Bye for now.
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