Forex Analysis
by ForexNewsNow Team on December 24, 2010

Euro Weekly Outlook: The Top Euro Related Events Dec. 27 – Dec. 31

European Union flagNEW YORK (Forex News Now) – The FNN team brings you the top few economic events most likely to impact EUR and make realtime forex news during the coming week, Dec. 27 – Dec. 31. This is a quieter-than-usual week, as many countries observe bank holidays over the Christmas and New Years holiday period.

All times are given in GMT.

1. German Preliminary PMI: Wednesday, all day – Destatis will release data on the monthly change in the price of goods and services purchased by consumers in six different states. This is a key indicator of overall inflation Previous: 0.1%.

2. M3 Money Supply: Wednesday, 9:00 A.M. – The European Central Bank will release data on the annualized change in the quantity of domestic currency in circulation and deposited in banks in November. Previous: 1.0%.

3. Private Loans: Wednesday, 9:00 A.M. – The European Central Bank will release data on the annualized change in the value of new loans issued in the private sector. Previous: 1.4%.

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