1Finance

EUR/USD made a move to the upside but eventually failed to stay there and retreated amid the ECB meeting. What’s next? Final inflation figures and a key German survey stand out. Here is an outlook for the highlights of this week.

1. Final CPI: Monday, 10:00. A confirmation of these figures is on the cards now.
2. German Ifo Business Climate: Tuesday, 9:00. A small tick up to 117.6 is forecast now.
3. German PPI: Wednesday, 7:00. A more modest rise of 0.2% is predicted now.
4. Current Account: Wednesday, 9:00. After +37.8 billion in September, the surplus for October carries expectations for a narrower 33.4 billion.
5. Belgian NBB Business Climate: Wednesday, 7:00. A positive score of 1.6 was seen in November, above expectations. Yet another improvement is projected: 2.1 for December.
6. Consumer Confidence: Thursday, 15:00.
7. German GfK Consumer Climate: Friday, 7:00. A score of 10.7 was reported in this survey back in November and a minor increase to 10.8 is on the cards for December.
8. French Consumer Spending: Friday, 7:45. The fall is seen as temporary as a jump of 1.5% is on the cards now.

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