Week Ahead

In the US, the spotlight will be taken by ISM Non-Manufacturing PMI, the University of Michigan's consumer sentiment, and PPI data. Investors will also follow interest rate decisions in Australia, Canada, Brazil, and India and inflation rates from China, Brazil, Turkey, Russia, Philippines, Netherlands and Mexico. Finally, German factory orders and trade data from China, Canada, and the US should provide some insides into the state of global demand.
Anna | anna@tradingeconomics.com 12/3/2022 12:47:53 PM
As December rolls out, investors will look for more clues about the health of the world's largest economy and the Federal Reserve's rate path. First-tier releases include the ISM Non-Manufacturing PMI, which is expected to show the services sector activity growth slowed down further. Also, PPI data will be in focus with consensus showing an overall decline in inflationary pressures. Investors will also follow factory orders, external trade, and the University of Michigan's consumer sentiment with a focus on the five-year inflation expectations reading. Finally, earnings season is coming to the end with AutoZone, Broadcom, and Costco Wholesale reporting.

Elsewhere in America, the Bank of Canada is set to hike the borrowing cost by another 50bps while the Central Bank of Brazil will likely keep the rates steady at 13.75%. Canada will also publish the latest trade balance and business confidence data. In Brazil, the inflation rate will be in focus as well as retail sales, business confidence, and S&P Global Services and Manufacturing PMIs. Finally, Mexico will post inflation data and business confidence.
 
In Europe, final Q3 GDP data is expected to confirm the Euro Area economy expanded the least in the current six-quarter sequence of growth. Also, retail sales across the bloc are set to fall the most in ten months in October and factory orders in Germany are due to drop for the third month in a row. Elsewhere, the inflation rate is set to decrease in both Russia and Turkey. Other data to follow include Global S&P Services PMI for major economies including Spain and Italy; France's balance of trade; and Switzerland's unemployment rate. In the United Kingdom, the Halifax house price index, alongside BRC retail sales monitor and S&P Global PMIs will be in the spotlight.

In Australia, the RBA’s December meeting is expected to bring a third consecutive quarter-point increase in the cash rate. Investors also await third-quarter GDP growth data, set to point to a fourth consecutive quarter of steady growth and October’s trade balance. In China, fresh trade data for November is expected to show that both exports and imports have contracted for the second month in a row, deepening concerns of a slowing economy as authorities mull easing strict lockdown rules. The world’s second-largest economy will also publish its November CPI and PPI prints. In Japan, the spotlight will be on October’s current account and the final result for the third quarter’s GDP. In India, the RBI is expected to deliver a fifth consecutive rate hike, with forecasts expecting a slower 35bps raise after three consecutive 50bps increases. Elsewhere, the Philippines will release inflation data for November and the unemployment rate for October.







Saturday December 03 2022 Actual Previous Consensus Forecast
02:30 AM
EA
ECB President Lagarde Speech
Sunday December 04 2022 Actual Previous Consensus Forecast
10:00 PM
AU
S&P Global Services PMI Final NOV 47.6 49.3 47.2
OP
OPEC and non-OPEC Ministerial Meeting
Monday December 05 2022 Actual Previous Consensus Forecast
12:30 AM
AU
Company Gross Profits QoQ Q3 -12.4% 7.8% ® 0.3% 0.2%
12:30 AM
JP
Jibun Bank Services PMI Final NOV 50.3 53.2 50.0
01:45 AM
CN
Caixin Services PMI NOV 46.7 48.4 47
01:45 AM
EA
ECB President Lagarde Speech
07:00 AM
TR
Inflation Rate YoY NOV 84.39% 85.51% 84.65% 83.7%
07:00 AM
TR
Inflation Rate MoM NOV 2.88% 3.54% 3% 2.5%
08:15 AM
ES
S&P Global Services PMI NOV 51.2 49.7 50.5 50.1
08:45 AM
IT
S&P Global Services PMI NOV 49.5 46.4 48.3 46.2
08:50 AM
FR
S&P Global Services PMI Final NOV 49.3 51.7 49.4 49.4
08:55 AM
DE
S&P Global Services PMI Final NOV 46.1 46.5 46.4 46.4
09:00 AM
EA
S&P Global Services PMI Final NOV 48.5 48.6 48.6 48.6
09:30 AM
GB
S&P Global/CIPS UK Services PMI Final NOV 48.8 48.8 48.8 48.8
10:00 AM
EA
Retail Sales MoM OCT -1.8% 0.8% ® -1.7% -1.9%
10:00 AM
EA
Retail Sales YoY OCT -2.7% 0% ® -2.6% -2.2%
11:30 AM
BR
BCB Focus Market Readout
12:00 PM
MX
Consumer Confidence NOV 41.7 41.1 ® 40
01:00 PM
BR
S&P Global Services PMI NOV 51.6 54 53
02:45 PM
US
S&P Global Composite PMI Final NOV 46.4 48.2 46.3 46.3
02:45 PM
US
S&P Global Services PMI Final NOV 46.2 47.8 46.1 46.1
03:00 PM
US
ISM Non-Manufacturing PMI NOV 56.5 54.4 53.3 53
03:00 PM
US
Factory Orders MoM OCT 1% 0.3% 0.7% 0.4%
03:00 PM
US
ISM Non-Manufacturing Employment NOV 51.5 49.1 49.5
EA
Eurogroup Meeting
Tuesday December 06 2022 Actual Previous Consensus Forecast
12:01 AM
GB
BRC Retail Sales Monitor YoY NOV 4.1% 1.2% 0.6%
03:30 AM
AU
RBA Interest Rate Decision 3.1% 2.85% 3.1% 3.1%
07:00 AM
DE
Factory Orders MoM OCT 0.8% -2.9% ® 0.1% 0.6%
08:30 AM
DE
S&P Global Construction PMI NOV 41.5 43.8 45.1
09:30 AM
ZA
GDP Growth Rate QoQ Q3 1.6% -0.7% 0.6% -1.3%
09:30 AM
ZA
GDP Growth Rate YoY Q3 4.1% 0.2% 2.8% 0.4%
09:30 AM
GB
S&P Global/CIPS Construction PMI NOV 50.4 53.2 52 51.9
01:30 PM
CA
Balance of Trade OCT C$1.21B C$0.61B ® C$1.2B C$3.4B
01:30 PM
US
Balance of Trade OCT $-78.2B $-74.1B ® $-80B $-73B
01:30 PM
US
Exports OCT $256.6B $258.5B ® $257B
01:30 PM
US
Imports OCT $334.8B $332.6B ® $330B
03:00 PM
CA
Ivey PMI s.a NOV 51.4 50.1 49
09:30 PM
AU
Ai Group Services Index NOV 45.6 47.7 48.6
09:30 PM
US
API Crude Oil Stock Change DEC/02 -6.426M -7.85M -3.884M
11:00 PM
JP
Reuters Tankan Index DEC 8 2 3
Wednesday December 07 2022 Actual Previous Consensus Forecast
12:30 AM
AU
Building Permits MoM Final OCT -6% -8.1% -6% -6%
12:30 AM
AU
GDP Growth Rate QoQ Q3 0.6% 0.9% 0.7% 0.8%
12:30 AM
AU
GDP Growth Rate YoY Q3 5.9% 3.4% ® 6.2% 6.4%
01:30 AM
JP
BoJ Nakamura Speech
03:00 AM
CN
Balance of Trade NOV $69.84B $85.15B $78.1B $81B
03:00 AM
CN
Exports YoY NOV -8.7% -0.3% -3.5% -3.5%
03:00 AM
CN
Imports YoY NOV -10.6% -0.7% -6% -4.7%
04:30 AM
IN
RBI Interest Rate Decision 6.25% 5.9% 6.25% 6.15%
07:00 AM
DE
Industrial Production MoM OCT -0.1% 1.1% ® -0.6% -0.8%
07:00 AM
GB
Halifax House Price Index MoM NOV -2.3% -0.4% -0.2% -0.1%
07:00 AM
GB
Halifax House Price Index YoY NOV 4.7% 8.2% ® 7.1%
07:45 AM
FR
Balance of Trade OCT €-12.15B €-17.17B ® €-16B € -16.5B
09:00 AM
IT
Retail Sales MoM OCT -0.4% 0.5% -0.6% -0.3%
10:00 AM
EA
Employment Change YoY Final Q3 1.8% 2.6% ® 1.7% 1.7%
10:00 AM
EA
Employment Change QoQ Final Q3 0.3% 0.3% ® 0.2% 0.2%
10:00 AM
EA
GDP Growth Rate YoY 3rd Est Q3 2.3% 4.2% ® 2.1% 2.1%
10:00 AM
EA
GDP Growth Rate QoQ 3rd Est Q3 0.3% 0.8% 0.2% 0.2%
01:30 PM
US
Nonfarm Productivity QoQ Final Q3 0.8% -4.1% 0.6% 0.3%
01:30 PM
US
Unit Labour Costs QoQ Final Q3 2.4% 8.9% 3.1% 3.5%
03:00 PM
CA
BoC Interest Rate Decision 4.25% 3.75% 4.25% 4%
03:30 PM
US
EIA Gasoline Stocks Change DEC/02 5.32M 2.769M 2.707M
03:30 PM
US
EIA Crude Oil Stocks Change DEC/02 -5.187M -12.58M -3.305M
09:30 PM
BR
Interest Rate Decision 13.75% 13.75% 13.75% 13.75%
09:45 PM
AU
RBA Jones Speech
11:50 PM
JP
GDP Growth Rate QoQ Final Q3 -0.2% 1.1% -0.3% -0.3%
11:50 PM
JP
GDP Growth Annualized Final Q3 -0.8% 4.5% ® -1.1% -1.2%
11:50 PM
JP
Current Account OCT ¥-64.1B ¥909.3B ¥623.4B ¥800B
Thursday December 08 2022 Actual Previous Consensus Forecast
12:30 AM
AU
Balance of Trade OCT A$12.217B A$12.444B A$12.1B A$11.9B
12:30 AM
AU
RBA Bulletin
12:00 PM
BR
Retail Sales MoM OCT 0.4% 1.2% ® 0.3% 0.2%
12:00 PM
EA
ECB President Lagarde Speech
12:00 PM
MX
Inflation Rate MoM NOV 0.58% 0.57% 0.69% 0.38%
12:00 PM
MX
Inflation Rate YoY NOV 7.8% 8.41% 7.93% 7.49%
01:30 PM
US
Initial Jobless Claims DEC/03 230K 226K ® 230K 240K
06:00 PM
EA
ECB President Lagarde Speech
Friday December 09 2022 Actual Previous Consensus Forecast
01:30 AM
CN
Inflation Rate YoY NOV 1.6% 2.1% 1.6% 1.8%
01:30 AM
CN
Inflation Rate MoM NOV -0.2% 0.1% -0.2% -0.1%
01:30 AM
CN
PPI YoY NOV -1.3% -1.3% -1.4% -1.6%
12:00 PM
BR
Inflation Rate MoM NOV 0.41% 0.59% 0.53% 0.68%
12:00 PM
BR
Inflation Rate YoY NOV 5.9% 6.47% 6.01% 6.30%
01:30 PM
US
PPI MoM NOV 0.3% 0.3% ® 0.2% 0.3%
01:30 PM
US
Core PPI MoM NOV 0.4% 0.1% ® 0.2% 0.1%
03:00 PM
US
Michigan Consumer Sentiment Prel DEC 59.1 56.8 56.9 56.4
03:00 PM
US
Wholesale Inventories MoM OCT 0.5% 0.6% 0.8% 0.8%
04:00 PM
RU
Inflation Rate MoM NOV 0.4% 0.2% 0.4% 0.4%
04:00 PM
RU
Inflation Rate YoY NOV 12% 12.6% 12% 12.2%
05:00 PM
US
Fed Quarterly Financial Accounts
Monday December 12 2022 Actual Previous Consensus Forecast
07:00 AM
TR
Unemployment Rate OCT 10.2% 10.1% 10%
07:00 AM
GB
GDP MoM OCT 0.5% -0.6% 0.4% 0.4%
07:00 AM
GB
Industrial Production YoY OCT -2.4% -3.1% -2.8% -2.7%
07:00 AM
GB
GDP 3-Month Avg OCT -0.3% -0.2% -0.4% -0.3%
07:00 AM
GB
Goods Trade Balance Non-EU OCT £-4.823B £-8.551B £-8.7B
07:00 AM
GB
Goods Trade Balance OCT £-14.476B £-15.656B £-15.65B £-15.8B
11:10 AM
ES
Consumer Confidence NOV 60.5 54.7 55
11:30 AM
BR
BCB Focus Market Readout
12:00 PM
IN
Industrial Production YoY OCT -4% 3.5% ® 0.3% 0.4%
12:00 PM
IN
Inflation Rate YoY NOV 5.88% 6.77% 6.4% 6.5%
12:00 PM
IN
Manufacturing Production YoY OCT -5.6% 2.2% ® 0.1%
06:00 PM
BR
Business Confidence DEC 50.8 51.7 51
07:00 PM
US
Monthly Budget Statement NOV $-249B $-88B $-248B $-95B
08:40 PM
CA
BoC Gov Macklem Speech
11:30 PM
AU
Westpac Consumer Confidence Index DEC 80 78 80
11:30 PM
AU
Westpac Consumer Confidence Change DEC 3% -6.9% 2.5%
Tuesday December 13 2022 Actual Previous Consensus Forecast
12:30 AM
AU
NAB Business Confidence NOV -4 0 2
07:00 AM
DE
Inflation Rate MoM Final NOV -0.5% 0.9% -0.5% -0.5%
07:00 AM
DE
Inflation Rate YoY Final NOV 10% 10.4% 10% 10%
07:00 AM
TR
Industrial Production YoY OCT 2.5% 0.5% ® 0.08% 0.4%
07:00 AM
GB
Claimant Count Change NOV 30.5K -6.4K ® 3.5K 8K
07:00 AM
GB
Unemployment Rate OCT 3.7% 3.6% 3.7% 3.7%
07:00 AM
GB
Average Earnings incl. Bonus (3Mo/Yr) OCT 6.1% 6.0% 6.2% 6.1%
07:00 AM
GB
Employment Change SEP 27K -52K -17K -20K
09:00 AM
IT
Industrial Production MoM OCT -1% -1.7% ® -0.4% -0.5%
10:00 AM
EA
ZEW Economic Sentiment Index DEC -23.6 -38.7 -25.7 -28
10:00 AM
DE
ZEW Economic Sentiment Index DEC -23.3 -36.7 -26.4 -27
11:00 AM
BR
BCB Copom Meeting Minutes
01:30 PM
US
Core Inflation Rate YoY NOV 6% 6.3% 6.1% 6.2%
01:30 PM
US
Inflation Rate YoY NOV 7.1% 7.7% 7.3% 7.6%
01:30 PM
US
Inflation Rate MoM NOV 0.1% 0.4% 0.3% 0.5%
01:30 PM
US
Core Inflation Rate MoM NOV 0.2% 0.3% 0.3% 0.4%
01:30 PM
US
CPI NOV 297.711 298.012 298.045 299
03:00 PM
US
IBD/TIPP Economic Optimism DEC 42.9 40.4 41.3 41
09:30 PM
US
API Crude Oil Stock Change DEC/09 7.819M -6.426M -3.913M
10:30 PM
AU
RBA Gov Lowe Speech
11:00 PM
KR
Unemployment Rate NOV 2.9% 2.8% 2.9%
11:50 PM
JP
Tankan Large Manufacturers Index Q4 7 8 6 6
11:50 PM
JP
Machinery Orders MoM OCT 5.4% -4.6% 2.6% 2.4%
11:50 PM
JP
Machinery Orders YoY OCT 0.4% 2.9% 2.6% 2.2%
EU
EU Energy Ministers Meeting
OP
OPEC Monthly Report
Wednesday December 14 2022 Actual Previous Consensus Forecast
03:50 AM
AU
RBA Connolly Speech
07:00 AM
GB
Inflation Rate YoY NOV 10.7% 11.1% 10.9% 11%
07:00 AM
GB
Core Inflation Rate YoY NOV 6.3% 6.5% 6.5% 6.6%
07:00 AM
GB
Inflation Rate MoM NOV 0.4% 2% 0.6% 0.7%
08:00 AM
ZA
Inflation Rate MoM NOV 0.3% 0.4% 0.2% 0.4%
08:00 AM
ZA
Inflation Rate YoY NOV 7.4% 7.6% 7.5% 7.7%
09:00 AM
FR
IEA Oil Market Report
10:00 AM
EA
Industrial Production MoM OCT -2% 0.8% ® -1.5% -1.2%
12:00 PM
US
MBA 30-Year Mortgage Rate DEC/09 6.42% 6.41%
01:30 PM
US
Export Prices MoM NOV -0.3% -0.4% ® -0.4% -0.4%
01:30 PM
US
Import Prices MoM NOV -0.6% -0.4% ® -0.5% -0.4%
03:30 PM
US
EIA Gasoline Stocks Change DEC/09 4.496M 5.32M 2.714M
03:30 PM
US
EIA Crude Oil Stocks Change DEC/09 10.231M -5.187M -3.595M
07:00 PM
US
Fed Interest Rate Decision 4.5% 4% 4.5% 4.5%
07:00 PM
US
FOMC Economic Projections
07:00 PM
US
Interest Rate Projection - Longer 2.5% 2.5%
07:00 PM
US
Interest Rate Projection - 3rd Yr 3.1% 2.9%
07:00 PM
US
Interest Rate Projection - 2nd Yr 4.1% 3.9%
07:00 PM
US
Interest Rate Projection - 1st Yr 5.1% 4.6%
07:00 PM
US
Interest Rate Projection - Current 4.4% 4.4%
07:30 PM
US
Fed Press Conference
11:50 PM
JP
Balance of Trade NOV ¥-2027.4B ¥-2166.2B ¥-1680.3B ¥-1800B
11:50 PM
JP
Exports YoY NOV 20% 25.3% 19.8% 24%
Thursday December 15 2022 Actual Previous Consensus Forecast
12:30 AM
AU
Part Time Employment Chg NOV 29.8K -11.9K ®
12:30 AM
AU
Full Time Employment Chg NOV 34.2K 55.0K ®
12:30 AM
AU
Unemployment Rate NOV 3.4% 3.4% 3.4% 3.3%
12:30 AM
AU
Employment Change NOV 64K 43.1K ® 19K 25K
01:30 AM
CN
House Price Index YoY NOV -1.6% -1.6% -1.8%
02:00 AM
CN
Industrial Production YoY NOV 2.2% 5% 3.6% 4%
02:00 AM
CN
Retail Sales YoY NOV -5.9% -0.5% -3.7% -2.9%
02:00 AM
CN
Fixed Asset Investment (YTD) YoY NOV 5.3% 5.8% 5.6% 5.6%
02:00 AM
CN
Unemployment Rate NOV 5.7% 5.5% 5.5%
04:00 AM
ID
Balance of Trade NOV $5.16B $5.67B $4.26B $4.3B
07:00 AM
EU
New Car Registrations YoY NOV 16.3% 12.2%
07:00 AM
DE
Wholesale Prices MoM NOV -0.9% -0.6% -0.8%
07:00 AM
DE
Wholesale Prices YoY NOV 14.9% 17.4% 15%
07:45 AM
FR
Inflation Rate YoY Final NOV 6.2% 6.2% 6.2% 6.2%
07:45 AM
FR
Inflation Rate MoM Final NOV 0.3% 1% 0.4% 0.4%
07:45 AM
FR
Business Confidence DEC 101 101 100 100
09:00 AM
ES
Balance of Trade OCT €-6.85B €-6.98B € -7.2B
12:00 PM
GB
BoE Interest Rate Decision 3.5% 3% 3.5% 3.5%
12:00 PM
GB
BoE MPC Vote Unchanged 2/9 0/9 0/9 0/9
12:00 PM
GB
BoE MPC Vote Cut 0/9 0/9 0/9 0/9
12:00 PM
GB
BoE MPC Vote Hike 7/9 9/9 9/9 9/9
12:00 PM
GB
MPC Meeting Minutes
01:15 PM
CA
Housing Starts NOV 264.2K 264.6K ® 255K 254K
01:15 PM
EA
Deposit Facility Rate 2% 1.5% 2% 2%
01:15 PM
EA
ECB Interest Rate Decision 2.5% 2% 2.5% 2.5%
01:30 PM
US
Retail Sales MoM NOV -0.6% 1.3% -0.1% 0.2%
01:30 PM
US
Retail Sales Ex Autos MoM NOV -0.2% 1.2% ® 0.2% 0.5%
01:30 PM
US
NY Empire State Manufacturing Index DEC -11.2 4.5 -1 1
01:30 PM
US
Philadelphia Fed Manufacturing Index DEC -13.8 -19.4 -10 -7
01:30 PM
US
Initial Jobless Claims DEC/10 211K 231K ® 230K 235K
01:45 PM
EA
ECB Press Conference
02:15 PM
US
Industrial Production YoY NOV 2.5% 3.3% 2.7%
02:15 PM
US
Industrial Production MoM NOV -0.2% -0.1% 0.1% -0.2%
03:00 PM
US
Business Inventories MoM OCT 0.3% 0.2% ® 0.4% 0.3%
04:20 PM
IN
Balance of Trade NOV $-19.89B $-26.91B $-25.88B $-26B
07:00 PM
AR
GDP Growth Rate YoY Q3 5.9% 7.1% ® 5.8% 3.7%
07:00 PM
AR
GDP Growth Rate QoQ Q3 1.7% 1.0% -1.1%
07:00 PM
MX
Interest Rate Decision 10.5% 10% 10.5% 10.5%
09:00 PM
US
Net Long-term TIC Flows OCT $67.8B $117.7B ®
10:00 PM
AU
Judo Bank Manufacturing PMI Flash DEC 50.4 51.3 51
10:00 PM
AU
Judo Bank Services PMI Flash DEC 46.9 47.6 48
EU
European Council Meeting
Friday December 16 2022 Actual Previous Consensus Forecast
12:01 AM
GB
GfK Consumer Confidence DEC -42 -44 -43 -43
12:30 AM
JP
Jibun Bank Manufacturing PMI Flash DEC 48.8 49 49.6
12:30 AM
JP
Jibun Bank Services PMI Flash DEC 51.7 50.3 50.6
07:00 AM
GB
Retail Sales MoM NOV -0.4% 0.9% ® 0.3% 0.3%
07:00 AM
GB
Retail Sales YoY NOV -5.9% -5.9% ® -5.6% -5.3%
07:00 AM
GB
Retail Sales ex Fuel MoM NOV -0.3% 0.7% ® 0.3% 0.2%
08:15 AM
FR
S&P Global Manufacturing PMI Flash DEC 48.9 48.3 48.2 48.6
08:15 AM
FR
S&P Global Services PMI Flash DEC 48.1 49.3 49.1 49.5
08:30 AM
DE
S&P Global Services PMI Flash DEC 49 46.1 46.3 46.6
08:30 AM
DE
S&P Global Manufacturing PMI Flash DEC 47.4 46.2 46.3 45.9
09:00 AM
EA
S&P Global Manufacturing PMI Flash DEC 47.8 47.1 47.1 46.6
09:00 AM
EA
S&P Global Services PMI Flash DEC 49.1 48.5 48.5 48.3
09:00 AM
IT
Balance of Trade OCT €-2.123B €-6.454B €-3.8B
09:30 AM
GB
S&P Global/CIPS Manufacturing PMI Flash DEC 44.7 46.5 46.3 46.3
09:30 AM
GB
S&P Global/CIPS UK Services PMI Flash DEC 50 48.8 48.5 48.3
10:00 AM
EA
Balance of Trade OCT €-26.5B €-34.4B €-41.2B
10:00 AM
EA
Inflation Rate YoY Final NOV 10.1% 10.6% 10% 10%
10:00 AM
IT
Inflation Rate YoY Final NOV 11.8% 11.8% 11.8% 11.8%
10:30 AM
RU
Interest Rate Decision 7.5% 7.5% 7.5% 7.5%
12:00 PM
RU
CBR Press Conference
01:30 PM
CA
New Housing Price Index YoY NOV 4.1% 5.1% 4.0%
01:30 PM
CA
New Housing Price Index MoM NOV -0.2% -0.2% -0.3%
02:45 PM
US
S&P Global Manufacturing PMI Flash DEC 46.2 47.7 47.7 48.2
02:45 PM
US
S&P Global Services PMI Flash DEC 44.4 46.2 46.8 47.8
02:45 PM
US
S&P Global Composite PMI Flash DEC 44.6 46.4 48
Monday December 19 2022 Actual Previous Consensus Forecast
09:00 AM
DE
Ifo Business Climate DEC 88.6 86.4 ® 87.4 87
10:00 AM
EA
Construction Output YoY OCT 2.2% 0.9% ® 1.9%
11:00 AM
GB
CBI Industrial Trends Orders DEC -6 -5 -9 -12
11:30 AM
BR
BCB Focus Market Readout
03:00 PM
US
NAHB Housing Market Index DEC 31 33 34 32
EU
EU Energy Ministers Meeting
Tuesday December 20 2022 Actual Previous Consensus Forecast
12:30 AM
AU
RBA Meeting Minutes
01:15 AM
CN
Loan Prime Rate 1Y 3.65% 3.65% 3.65% 3.65%
01:15 AM
CN
Loan Prime Rate 5Y DEC 4.3% 4.3% 4.3% 4.3%
03:00 AM
JP
BoJ Interest Rate Decision -0.1% -0.1% -0.1% -0.1%
07:00 AM
DE
PPI MoM NOV -3.9% -4.2% -2.5% -2%
07:00 AM
TR
Consumer Confidence DEC 75.6 76.6 77.5
01:30 PM
CA
Retail Sales Ex Autos MoM OCT 1.7% -0.8% ® 1.4% 0.6%
01:30 PM
CA
Retail Sales MoM OCT 1.4% -0.6% ® 1.5% 1.5%
01:30 PM
US
Building Permits Prel NOV 1.342M 1.512M 1.485M 1.48M
01:30 PM
US
Building Permits MoM Prel NOV -11.2% -3.3% -1.8%
01:30 PM
US
Housing Starts MoM NOV -0.5% -2.1% ® -1.5%
01:30 PM
US
Housing Starts NOV 1.427M 1.434M ® 1.4M 1.4M
03:00 PM
EA
Consumer Confidence Flash DEC -22.2 -23.9 -22 -24.6
09:30 PM
US
API Crude Oil Stock Change DEC/16 -3.069M 7.819M -0.167M
Wednesday December 21 2022 Actual Previous Consensus Forecast
07:00 AM
DE
GfK Consumer Confidence JAN -37.8 -40.1 ® -38 -36
11:00 AM
GB
CBI Distributive Trades DEC 11 -19 -23 -23
12:00 PM
US
MBA 30-Year Mortgage Rate DEC/16 6.34% 6.42%
01:30 PM
CA
Inflation Rate YoY NOV 6.8% 6.9% 6.7% 6.7%
01:30 PM
CA
Inflation Rate MoM NOV 0.1% 0.7% 0% 0.1%
01:30 PM
CA
Core Inflation Rate YoY NOV 5.8% 5.8% 5.8%
01:30 PM
US
Current Account Q3 $-217.1B $-238.7B ® $-222B $-230B
03:00 PM
US
Existing Home Sales MoM NOV -7.7% -5.9% -5.4% -3%
03:00 PM
US
Existing Home Sales NOV 4.09M 4.43M 4.2M 4.3M
03:00 PM
US
CB Consumer Confidence DEC 108.3 101.4 ® 101 100.1
03:30 PM
US
EIA Gasoline Stocks Change DEC/16 2.53M 4.496M 2.14M
03:30 PM
US
EIA Crude Oil Stocks Change DEC/16 -5.894M 10.231M -1.657M
07:00 PM
AR
Unemployment Rate Q3 7.1% 6.9% 7.2% 7.4%
Thursday December 22 2022 Actual Previous Consensus Forecast
07:00 AM
GB
Current Account Q3 £-19.402B £-33.768B ® £-20.84B £-18B
07:00 AM
GB
GDP Growth Rate QoQ Final Q3 -0.3% 0.1% ® -0.2% -0.2%
07:00 AM
GB
GDP Growth Rate YoY Final Q3 1.9% 4% ® 2.4% 2.4%
07:30 AM
ID
Interest Rate Decision 5.5% 5.25% 5.5% 5.5%
11:00 AM
TR
TCMB Interest Rate Decision 9% 9% 9% 9%
01:30 PM
US
Initial Jobless Claims DEC/17 216K 214K ® 222K 225K
01:30 PM
US
GDP Growth Rate QoQ Final Q3 3.2%