Potential USD, GBP Movers [Video]
|The UK November data run opens this agenda at 9:30 in the morning. The high importance monthly GDP release is among the publications. Two flat months were followed by a slight increase of one tenth of a percent in October. The Index of Production will be available at the same time. Both Manufacturing and Industrial Production indexes took a hit in October, but markets are expecting a rebound this time around. Trade Balance report wraps up the data run at 9:30 in the morning. Visible trade balance deficit expanded more than expected in October, reaching nearly 12 billion Pounds. Then the Greenback traders will be monitoring closely the high importance US Consumer Price Index release for December at 1:30 PM GMT. The overall prices were unchanged in November as gasoline index plummeted by 4.2 percent, offsetting increases in an array of indexes. The US Federal Budget Balance for December wraps up this agenda at 7 PM. The deficit ballooned beyond 200 billion US Dollars in November, which was the highest level ever for the particular month.
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