1Finance

EUR/USD continued its deep dive and hit new lows as the dollar rally continued and euro-zone data was mixed. Another public appearance from Draghi and fresh PMIs stand out now. Here is an outlook for the highlights of this week

1. Draghi talks: Monday, 16:00. The President of the ECB may hint about the highly anticipated December meeting of the Bank.
2. Consumer Confidence: Tuesday, 15:00.
3. Flash PMIs: Wednesday: 8:00 for France, 8:30 for Germany and 9:00 for the euro-zone. For the whole euro-zone, manufacturing was ahead at 53.5 and services at 52.8 points, with 53.2 and 53.1 expected now.
4. ECB Financial Stability Review: Wednesday, 9:00. Twice a year, the European Central Bank assesses the stability of the financial sector.
5. Final German GDP: Thursday, 7:00.
6. German Ifo Business Climate: Thursday, 9:00. A score of 110.6 is forecast.
7. German GfK Consumer Climate: Thursday, 12:00. A small rise to 9.7 is on the cards.
8. Belgian NBB Business Climate: Thursday, 14:00. A small improvement to -1.5 is expected.

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