skip to Main Content

Free Newsletter: Actionable insight every morning for the self-directed investor. Find out more

Join

No getting away from the fact that all eyes will be on the Federal Reserve this Wednesday when they announce the interest rate decision. While it is almost certain that they are going to increase interest rates most will be watching for the following statement as to whether it gives away any signs as to plans and potential speed of increases with regards to interest rates next year. This event alone will cause significant volatility throughout the week as markets position themselves as before and after the announcement, so be prepared for swings in numerous directions. It’s also important to remember that the USD impacts 95% of all other currency pairs so everything will be impacted by this decision on Wednesday.

 

Tuesday 13th December

2 AM China Industrial Production – previous 6.1%/forecast 6.1%

An important figure to watch as the Chinese economy affects the overall global outlook, and even more so, in the Antipodean region.

9:30 AM UK CPI – previous 0.9%/forecast 1.1%

Another important release for the UK to see how well it is faring following the EU referendum

10 AM Eurozone German ZEW Economic Sentiment – previous 13.8/forecast 14.2

This is an important indicator as it shows the sentiment of institutional investors towards the Eurozone

 

Wednesday 14th December

9:30 AM UK Average Earnings – previous 2.3%/forecast 2.3%

An important indicator of future inflationary pressure.

1:30 PM US Core Retail Sales – previous 0.8%/forecast 0.4%

An important figure watched by the Fed as it excludes high-priced automobile purchases.

1:30 PM US Retail Sales – previous 0.8%/forecast 0.3%

An important figure to watch as he has a direct impact on inflation.

3:30 PM US Crude Oil Inventories – previous -2.4 million barrels

An important release as indirectly impacts on oil prices, greater stockpiles can reduce prices.

7 PM US Federal Funds Rate and FOMC Statement

The main event of the week. Expected 0.25% interest rate increase. FOMC statement will be important to look for signs of pace of increases next year.

 

Thursday 15th December

12:30 AM Australia Unemployment Rate – previous 5.6%/forecast 5.6%

Unemployment levels directly affect how much money individuals have to spend and therefore has an impact on inflation and economic growth.

8:30 AM Swiss Interest Rate decision and statement

No expected monetary policy changes but the SNB is one of the most unreliable central banks can sometimes do the unexpected.

9 AM Eurozone Flash Manufacturing PMI – previous 53.7/forecast 53.9

This is an important indicator of economic growth in the manufacturing sector. Above 50 indicates expansion.

9 AM Eurozone Flash Services PMI – previous 53.7/forecast 53.8

This is an important indicator of economic growth in the service sector. Above 50 indicates expansion.

9:30 AM UK Retail Sales – previous 1.9%/forecast 0.2%

Retail sales is one of the biggest drivers behind inflation and therefore is important figure to watch.

10 AM UK Bank of England Interest rate decision and statement

No indications of changes to monetary policy expected

1:30 PM Canadian Manufacturing sales – previous 0.3%/forecast 0.7%

An indication of manufacturing health

1:30 PM US CPI – previous 0.4%/forecast to 0.2%

Important indicator of potential inflationary pressure

1:30 PM US Core CPI – previous 0.1%/forecast 0.2%

As above excluding food and energy prices which can be volatile

 

 

Friday 16th December

10 AM Eurozone Final CPI – previous 0.6%/forecast 0.6%

Not a major market mover as it is the final reading about an important figure to note

Become a better investor with SharePad Designed to give you the confidence to pick your own investments, Sharepad gives you access to a wealth of information on UK, US & European stocks. Find out more

Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Stocks in Focus

Here are some of the smaller companies we are following most closely. They all represent significant growth stories in our view. Our in-depth reports go into more detail on why we like them.

Comments


Back To Top