The Bank of England Credit Condition Survey for the final quarter of last year opens this agenda at 9:30 in the morning. The final Euro Zone Consumer Price Index for December is up next at 10 AM. According to the early estimate, overall inflation slowed down in the final month of last year to 1.6 percent. A couple of reports regarding the US economy are up next at 1:30 PM, including the Jobless Claims stats. Initial claims dropped by 17 thousand to 216 thousand during the week ending January 5th. This was an improvement when compared with previous week's sharp increase. The US Philly Fed Survey for January is the other item out at this time. The Manufacturing Index fell to 9.4 in December from 12.9 in the previous month. The New Zealand Manufacturing PMI for December continues the data run at 9:30 PM GMT. The index slipped slightly in November, but it remains in the expansionary territory at 53.5. And the National Japanese CPI for December wraps up this calendar at 11:30 PM. The annual core inflation slipped in November from October's level of one percent.
This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.
Recommended Content
Editors’ Picks
EUR/USD holds gains above 1.0700, as key US data loom
EUR/USD holds gains above 1.0700 in the European session on Thursday. Renewed US Dollar weakness offsets the risk-off market environment, supporting the pair ahead of the key US GDP and PCE inflation data.
GBP/USD extends recovery above 1.2500, awaits US GDP data
GBP/USD is catching a fresh bid wave, rising above 1.2500 in European trading on Thursday. The US Dollar resumes its corrective downside, as traders resort to repositioning ahead of the high-impact US advance GDP data for the first quarter.
Gold price edges higher amid weaker USD and softer risk tone, focus remains on US GDP
Gold price (XAU/USD) attracts some dip-buying in the vicinity of the $2,300 mark on Thursday and for now, seems to have snapped a three-day losing streak, though the upside potential seems limited.
XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger
Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP.
US Q1 GDP Preview: Economic growth set to remain firm in, albeit easing from Q4
The United States Gross Domestic Product (GDP) is seen expanding at an annualized rate of 2.5% in Q1. The current resilience of the US economy bolsters the case for a soft landing.