Daily Economic Events Outlook: Dec. 17

Below you will find a list of economic events set to take place in the US, UK and EU on Friday, December 17, 2010 that are likely to impact global forex trading.

Daily Economic Events Calendar (All times are GMT):

US

• 16:00 Leading Indicators (NOV) Consensus: 1.1% Previous: 0.5%

UK

• 01:01 Nationwide Consumer Confidence (NOV) Actual: 45 Previous: 52

EMU

• 11:00 Construction Output SA MoM YoY (OCT) Consensus:- – Previous: -2.1%/ -8.1%
• 11:00 Trade Balance sa (OCT) Consensus: – – Previous: 2.4B

Germany

• 10:00 IFO – Business Climate (DEC) Consensus: 109.0 Previous: 109.3
• 10:00 IFO – Current Assessment (DEC) Consensus: 112.5 Previous: 112.3
• 10:00 IFO – Expectations (DEC) Consensus: 106.0 Previous: 106.3

France

• 08:45 Own-Company Production Outlook (DEC) Consensus: – – Previous: 11
• 08:45 Production Outlook Indicator (DEC) Consensus: – – Previous: 8
• 08:45 Business Confidence Indicator (DEC) Consensus: 102 Previous: 100

Italy

• Current Account (mlns euro) (OCT) Consensus: – – Previous: -8123M
• 10:00 Industrial Orders (MoM) (YoY)(OCT) Consensus: 0.6% / 16.0% Previous: -1.2%/17.9%
• 10:00 Industrial Sales (MoM) (YoY) (OCT) Consensus: – – Previous: -0.3%/10.8%

Belgium

• 15:00 Consumer Confidence (DEC) Consensus: – – Previous: 0

Switzerland

• 11:30 KOF Institute December Economic Forecast Consensus: – – Previous: 2.7%

Events

• 01:01 BoE releases Financial Stability Report
• 08:40 Austria’s WIFO Reports Economic Outlook
• 09:45 ECB’s Weber speaks on Capital Markets’ Macroeconomic Perspectives
• 10:00 EU Leaders conclude two-day summit, press conferences at 13:00
• 13:45 ECB’s Honohan speaks in Dublin on Restoring Credit to the Irish Economy
• Bank of Portugal Releases Monthly Economic Indicators Report
• 17:45 ECB’s Costa speaks at a conference in Lisbon
• 19 Dec German Finance Ministry Publishes November Monthly Report

Content provided by: KBC Bank