1. US Inflation Report: Wednesday, 13:30. CPI has been weak, but headline inflation is projected to rise to 0.4% in December. The core reading is expected to remain at 0.2%.
  2. ECB Monetary Policy Meeting Accounts:  Thursday, 12:30. The accounts provide details of the ECB’s most recent policy meeting. Investors will be looking for any hints regarding future monetary policy and possible easing measures in the new year.
  3. British GDP: Friday, 7:00. The monthly GDP report has been falling and came in at just 0.4% in October. Analysts are braced for a sharp contraction of 4.6% in November.
  4. French CPI: Friday, 7:45. Inflation in the eurozone’s second-largest economy remains soft. The forecast for December stands at 0.2%, after an identical reading last month.
  5. Core Retail Sales: Friday, 13:30. Retail sales were dismal in November. The headline figure declined by 1.1%, while core retail sales contracted by 0.9%. In December, the numbers are expected to improve to 0.0% and -0.1%, respectively.

Further reading:

Safe trading!