FXPrimus has summarized the important market indicators of the week.

THIS WEEK’S INDICATORS

Both DOLLAR and EURO rose last Friday following the anticipated NFP report on an originally thought bad print on poor average hourly earnings.

However, DOLLAR ended the week higher, whereas, EURO fell nearly 100 pips.

The unchanged POUND is likely to experience some wild moves for another week as the EU Summit will decide on Brexit.

Also, BoE is to announce their latest rate decision. Along with Banks setting monetary policy, developments around the US Tax situation and other major reports, this is set to be a very busy week for the financial markets.

December 11th, Monday

A quiet session on the economic front, ranging markets may be expected.

There are no major economic indicators scheduled in for Monday.

Investors and traders may trade currency pairs purely under technical grounds.

December 12th, Tuesday

UK CPI and US PPI likely to produce volatility, Draghi and Lowe due to speak.

Investors may find opportunities at 09:30 and 13:30 respectively as the UK CPI and the US PPI reports are due for delivery.

In addition, opportunities may be found around the release of the German ZEW Economic Sentiment at 10:00, and the speeches of Draghi and Lowe at 19:00 and 22:15 respectively.

December 13th, Wednesday

US Inflation, US monetary and UK employment data in focus; highly volatile session.

The Office for National Statistics will release the last UK Employment data at 09:30 on Wednesday. Later on, at 13:30, the Bureau of Labour and Statistics is scheduled to release Core Inflation data.

EIA will release its weekly Stocks figures, and at 19:00, Fed will announce its last Interest Rate decision for the year.

December 14th, Thursday

Emphasis on EU and UK Rates, Aussie Employment and US and UK Retail Sales focal point.

Following a highly volatile Wednesday, Thursday is going to produce high volatility too as widely anticipated Rates from Switzerland, Europe and the UK are due for delivery at 08:30, 12:00 and 12:45 respectively; press conferences to follow.

Earlier in the session, at 00:30, the Australian Bureau of Statistics will release its Employment data and at 02:00, the Chinese are expected to publish their monthly Industrial production report.

In addition, at 09:30, UK is due to release its Retails Sales, while at 13:30 US will release the same report as well as its Unemployment Claims.

December 15th, Friday

Britain’s departure from EU likely to see some developments, calendar ‘weak’.

The closing of the week is likely to include some political developments on the Brexit foreground as the EU Summit will begin either on Thursday or on Friday.

On the economic front, the US Industrial Production index will be the only event on the calendar worth looking.