by ForexNewsNow Team on December 16th, 2010

Daily Economic Events Outlook: Dec. 16

Below you will find a list of economic events set to take place in the US, Canada, China, UK and EU on Thursday, December 16, 2010 that are likely to impact global forex trading.

Daily Economic Events Calendar (All times are GMT):

14:30 Housing Starts (NOV) Consensus: 550K Previous: 519K
14:30 Housing Starts MOM% (NOV) Consensus: 6.0% Previous: -11.7%
14:30 Building Permits (NOV) Consensus: 560K Previous: 552K
14:30 Building Permits MOM% (NOV) Consensus: 1.5% Previous: 0.9%
14:30 Current Account Balance (3Q) Consensus: -$126.0B Previous: -$123.3B
14:30 Initial Jobless Claims Consensus: 425K Previous: 421K
14:30 Continuing Claims Consensus: 4110K Previous: 4086K
16:00 Philadelphia Fed. (DEC) Consensus: 15.0 Previous: 22.5

Canada

14:30 Int’l Securities Transactions (OCT) Consensus: 10.000B Previous: 12.253B

10:30 Retail Sales Ex Auto Fuel(MoM) (YoY) (NOV) Consensus: 0.3% / 1.4% Previous: 0.3% / 1.2%
10:30 Retail Sales w/Auto Fuel (MoM) (YoY) (NOV) Consensus: 0.3% / 0.7% Previous: 0.5%/ -0.1%

EMU

10:00 PMI Composite (DEC A) Consensus: 55.3 Previous: 55.5
10:00 PMI Manufacturing (DEC A) Consensus: 55.2 Previous: 55.3
10:00 PMI Services (DEC A) Consensus: 55.2 Previous: 55.4
11:00 CPI (MoM) (YoY) (NOV) Consensus: 0.1% / 1.9% Previous: 0.4% / 1.9%
11:00 CPI – Core (YoY) (NOV) Consensus: 1.1% Previous: 1.1%
11:00 Labour Costs (YoY) (3Q) Consensus: 1.5% Previous: 1.6%

Germany

09:30 PMI Manufacturing (DEC A) Consensus: 58.2 Previous: 58.1
09:30 PMI Services (DEC A) Consensus: 59.0 Previous: 59.2

Italy

10:00 CPI – EU Harmonized (MoM) (YoY) (NOV F) Consensus: -0.1%/1.8% Previous: -0.1%/1.8%

France

09:00 PMI Manufacturing (DEC A) Consensus: – – Previous: 57.9
09:00 PMI Services (DEC A) Consensus: – – Previous: 55.0

Switzerland

09:30 SNB 3-Month Libor Target Rate Consensus: 0.25% Previous: 0.25%

Events

09:00 ECB Governing Council and General Council meeting in Frankfurt
10:30 Bank of England Releases Inflation Attitudes Survey
12:30 EU Conservative Leaders meet before Summit
16:00 US Treasury’s Geithner testifies at hearing of Congressional oversight panel
17:00 Start of the 16-17Dec EU Summit
Spain Bond Auction (4.85% Oct2020, 4.65% Jul2025)
UK IL Gilt Auction (825M 0.625% 2042)

Content provided by: KBC Bank

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