It is almost the end of the current calendar year and we have a very eventful week ahead of us.
Today is devoid of major economic events, but on Tuesday we can expect the announcement of the British CPI y/y, the US PPI m/m, a speech by the ECB president Mario Draghi and another by the Reserve Bank of Australia Governor Philip Lowe.
On Wednesday will be announced the British Average Earnings Index 3m/y, the US CPI m/m, Core CPI m/m, Crude Oil Inventories, FOMC Economic Projections, the FOMC Statement, the Federal Funds Rate and there will be a FOMC Press Conference. Apart from that the Australian Employment Change and Unemployment Rate will also be announced.
On Thursday we expect the British Retail Sales m/m, the Monetary Policy Committee Official Bank Rate Votes, the Monetary Policy Summary and the Official Bank Rate. The ECB will announce the Minimum Bid Rate and there will be a press conference. In addition, the US Core Retail Sales m/m, the Retail Sales m/m, and the Unemployment Claims will be announced. And finally, the Bank of Canda Governor Stephen Poloz will deliver a speech.
On Friday there will not be any major events.