Today, JustForex team of financial analysts has prepared a new review of events in the upcoming week.

These events can significantly affect the Forex market.

Choose and track the ones that are most important to you.

On Friday, December 8, the US published an ambiguous report on the labor market. In November, 228,000 new jobs were created in the non-agricultural sector of the country, which is higher than market expectations of 200,000. At the same time, the average hourly wage increased by 0.2%. Experts expected the growth of the index by 0.3%. The unemployment rate remained unchanged at 4.1%. Investors are waiting for the Fed’s meeting.

In the upcoming trading week, we recommend you to pay attention to the following macroeconomic events and reports.

December 11th, Monday

On Monday, the news feed will be fairly calm. The publication of important economic reports is not planned.

At 17:00 (GMT+2:00) the data on the number of open jobs in the labor market JOLTS will appear.

December 12th, Tuesday

On Tuesday, the following economic reports will be in focus of attention:

• Statistics on inflation in the UK at 11:30 (GMT+2:00);
• A number of indices of economic sentiment in Germany and the Eurozone at 12:00 (GMT+2:00);
• The producer price index in the USA at 15:30 (GMT+2:00).

Participants of the financial markets will follow the speech by the ECB head Draghi.

December 13th, Wednesday

On Wednesday, investors’ attention will be focused on the Fed’s meeting at 21:00 (GMT+2:00).

It is expected that the regulator will raise the key interest rate by 25 basis points to 1.50%.
Important economic reports:

• Statistics on the labor market in the UK at 11:30 (GMT+2:00);
• An inflation report in the USA at 15:30 (GMT+2:00);
• Crude oil inventories in the US at 17:30 (GMT+2:00).

December 14th, Thursday

On Thursday, the news feed will be very eventful. There will be meetings of the National Bank of Switzerland, the Bank of England and the ECB.

At the moment, most experts believe that regulators will leave interest rates unchanged. At the same time, it is necessary to pay attention to the comments and rhetoric of representatives of the Central Banks.

A number of important statistical data will also be published:

• A report on the Australian labor market at 02:30 (GMT+2:00);
• The volume of industrial production in China at 04:00 (GMT+2:00);
• Statistics on business activity in the Eurozone at 11:00 (GMT+2:00);
• A report on retail sales in the UK at 11:30 (GMT+2:00);
• The basic index of retail sales in the US at 15:30 (GMT+2:00).

December 15th, Friday

On Friday, a number of important statistics on the economy of Japan will appear at 01:50 (GMT+2:00).

At 16:15 (GMT+2:00) we expect a report on the volume of industrial production in the US.