Markets are waiting for the US GDP

Monday:
07:00 Japan - Monthly report of the Bank of Japan
15:30 USA - Chigagski index of activity
23:45 New Zealand - Trade Balance
Tuesday:
09:45 France - GDP annual and monthly basis
10:00 Spain - PPI index
11:00 Italy - Retail
11:30 UK - GDP and Index of services
15:30 Canada - GDP
15:30 USA - quarter GDP and consumer values
17:00 USA - Sales of new homes
Wednesday:
USA 15:30 - Requests for aid unemployed
17:30 USA - Stocks of oil
In short Christmas week will have on what to focus.

Monday session will begin with data from Japan and monthly reports of the Bank of Japan, which is the major release is on which we should pay attention.

During the European session we will have important data on M3 Money Supply in Switzerland, with projections for data retention of 3.4% may not see large market movements.

US session at 15:30 expect Chicago Activity index and is forecast to rise by 0.14 to 0.25 percentage points, and if you meet the expectations, you will probably see an increase in indices. At 17:00 will become clear and sales of existing homes, as they are expected to decrease to -1.1%.

At 23:45 we will pay attention to the balance of trade in New Zealand, and analysts predict an increase to -550M -908M compared to the previous reporting period

On Tuesday, the session will be richer in fundamental news.
Europe important news coming at 09:45 and the GDP and PPI index, the expectations are to maintain levels. At 10:00 the following data for the index of PPI producers in Spain, where no changes are expected. The data will have limited impact on the market.
At 11:00 Investors' attention will focus on the GDP of the UK, which will be published by 11:30 am, and the forecasts are for 0.7% quarterly and 3.0% YoY. Change in these values likely to impact on the national currency.

US session will also be rich in important news, as of 15:00 in the US will come out data Richmond Fed index. Half an hour later we expect results to GDP of Canada, which is expected to decrease to 0.1% compared to 0.4% for the last period. US at the same time will be published the GDP on a quarterly basis, and forecast to increase to 4.3% compared to 3.9% for the previous reporting period of reference 17:00 investor attention will focus on data on new home sales, as for the previous period results showed 0.7%, and changes are not expected. Data likely to influence the market, as if to justify likely to see an increase in the dollar and US indices.

Wednesday is the last day for the fundamental news, as they will not be much. attention will turn on aid applications from unemployed in the US, which will be announced at 15:30. The results for the previous period showed 289K, no changes are expected. A little later than 17:30 will be published and oil reserves. It is possible to change the data to see strengthening of volatility before the Christmas holiday.

On Thursday and Friday we have fundamental data, the markets lie.

Varchev Finance