Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data released so far:
- Australia: November retail sales grew by 1.2 percent.
Upcoming:
- Japan: Coincident and leading economic index will be updated at 5:00 GMT. Trade balance numbers will be released at 23:50 GMT.
- Spain: November industrial output report will be published at 8:00 GMT.
- Italy: November retail sales report will be released at 9:00 GMT.
- United Kingdom: BoE will release credit report at 9:30 GMT.
- Greece: Unemployment report will be released at 10:00 GMT.
- Eurozone: November industrial production report will be released at 10:00 GMT. ECB will release minutes of meeting at 12:30 GMT.
- Portugal: Consumer price inflation report will be released at 11:00 GMT.
- United States: Producer price inflation report will be released at 13:30 GMT, along with weekly jobless claims report. EIA will release weekly natural gas inventory report at 15:30 GMT. December budget details will be released at 19:00 GMT. Fed’s Dudley is scheduled o speak at 20:30 GMT.
- Auction: The U.S. will auction 30-year bond at 18:00 GMT.
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