FxWirePro: The Day Ahead- 13th December, 2016

Lots of economic dockets and events scheduled for today and some with high volatility risks associated.

Data released so far:

• Australia: Third quarter house price index rose by 1.5 percent, up 3.5 percent from a year ago. National Australia Business confidence and conditions came at 5 for November.
   
• China: Retail sales rose by 10.8 percent y/y in November. Industrial production rose by 6.2 percent y/y and urban investments rose by 8.3 percent y/y.

Upcoming:

• Germany: Consumer price inflation numbers will be released at 7:00 GMT, followed by Zew survey report at 10:00 GMT.
   
• Spain: Inflation numbers for November will be reported at 8:00 GMT.
   
• Italy: Industrial output for October will be reported at 9:00 GMT.
   
• United Kingdom: Inflation numbers that include RPI, CPI, PPI, and HPI will be released at 9:30 GMT.

• Eurozone: Employment change report for third quarter and Zew survey for December will be released at 10:00 GMT.
   
• United States: NFIB business optimism index, and terms of trade for November will be released at 11:00 GMT and 13:30 GMT respectively.
   
• Australia: Westpac consumer confidence report for December will be released at 23:30 GMT.
   
• Japan: Tankan manufacturing survey for third quarter will be released at 23:50 GMT.
   
• Auction: Spain will auction 3-month and 9-month letras today. Germany will auction 30-year bund. US will auction 1-month bills at 16:30 GMT, and 30-year bond at 18:00 GMT.