Header help text

Start trading with a free $30

There is no better time than now
Your first deposit is on us


Grab your $30 from XM

Top Stories
by ForexNewsNow Team on December 31, 2010

Euro Weekly Outlook: The Top 10 EUR Related Events Jan. 3 – 7

NEW YORK (Forex News Now) – The FNN team has prepared a list of the top 10 economic events most likely to impact EUR and make realtime forex news during the coming week, Jan. 3 – 7.

All times are given in GMT.

1. Final manufacturing PMI: Monday, 9:00 A.M.Markit will release the monthly level of its index based on surveyed purchasing managers in the manufacturing industry, a leading indicator of economic health. Previous: 56.8; Forecast: 56.9.

2. German unemployment change: Tuesday, 8:55 A.M. – Destatis will release data on the monthly change in the number of unemployed people during November. Previous: -9k; Forecast: -14k.

3. CPI flash estimate: Tuesday, 10:00 A.M. – Eurostat will release data on the change in the price of goods and services purchased by consumers in December, a key component of overall inflation. Previous: 1.9%; Forecast: 2.0%.

4. Final services PMI: Wednesday, 9:00 A.M. – Markit will release the monthly level of its diffusion index based on surveyed purchasing managers in the services industry. Previous: 53.7; Forecast: 53.7.

5. Industrial new orders: Wednesday, 10:00 A.M. – Eurostat will release data on the change in the total value of new purchase orders placed with manufacturers in November, a leading indicator of production. Previous: -4.2%; Forecast: 1.6%.

6. PPI: Wednesday, 10:00 A.M. – Eurostat will release data on the November change in the price of finished goods and services sold by producers. Previous: 0.4%; Forecast: 0.3%.

7. Retail sales: Thursday, 10:00 A.M. – Eurostat will release data on the monthly change in November of inflation-adjusted retail sales, a primary gauge of consumer spending. Previous: 0.1%; Forecast: 0.3%.

8. German trade balance: Friday, 7:00 A.M. – Destatis will release data on the difference in value between imports and exports at the end of November. Previous: 14.3b; Forecast: 14.5b.

9. Unemployment rate: Friday, 10:00 A.M. – Eurostat will publish the percentage of the total work force that was unemployed at the end of November. Previous: 10.1%; Forecast: 10.1%.

10. Final GDP: Friday, 10:00 A.M. – Eurostat will publish final data on the change to inflation-adjusted gross domestic product at the end of the third quarter. Revised data: 0.4%; Forecast for final data: 0.4%.

By ForexNewsNow Team

This is a general account of the ForexNewsNow Team. It is used to published exclusive content carefully crafted by our experts as well as it is used to bring you the most recent industry highlights from our guest contributors that wish to remain anonymous.

More content by ForexNewsNow Team

Comments (0 comment(s))