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Market Opportunities : Week 19-12-2022 - 23-12-2022
EURUSD: German Ifo Business Climate report is an important economic event for forex market. The report is due on December 19 and will be used to gauge investors’ confidence in the prospects of euro-zone's biggest economy in light of continuing Russia’s war on Ukraine. In case the business sentiment decline is less than expected the EURUSD will get a bullish boost.
USDIDX: United States Core Durable Goods Orders report for November is the key event for forex markets for December 19 - 23 week due December 23. There is a possibility the durable goods orders report may indicate that orders rose more than forecast which will be bullish for USDIDX.
USDIDX: United States Core Durable Goods Orders report for November is the key event for forex markets for December 19 - 23 week due December 23. There is a possibility the durable goods orders report may indicate that orders rose more than forecast which will be bullish for USDIDX.
Key Events to Watch
| Date | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 2022-12-19 | EUR | Ifo Germany Business Climate | 85.2 | 86.3 |
| 2022-12-20 | JPY | Bank of Japan (BoJ) Interest Rate Decision | -0.1% | |
| 2022-12-20 | JPY | Bank of Japan (BoJ) Press Conference | ||
| 2022-12-20 | CAD | Canada Retail Sales m/m | -0.3% | -0.5% |
| 2022-12-20 | CAD | Canada Core Retail Sales m/m | 0.8% | -0.7% |
| 2022-12-20 | USD | United States Building Permits | 1.545 M | 1.526 M |
| 2022-12-21 | USD | United States Existing Home Sales | 4.42 M | 4.43 M |
| 2022-12-21 | USD | The Conference Board United States Consumer Confidence Index | 101.2 | 100.2 |
| 2022-12-21 | USD | EIA United States Crude Oil Stocks Change | ||
| 2022-12-22 | GBP | United Kingdom Gross Domestic Product (GDP) q/q | -0.2% | -0.2% |
| 2022-12-22 | USD | United States Gross Domestic Product (GDP) q/q | 2.9% | 2.9% |
| 2022-12-23 | CAD | Canada Gross Domestic Product (GDP) m/m | 0.1% | 0.1% |
| 2022-12-23 | USD | United States Core Durable Goods Orders m/m | 0.0% | 0.5% |
| 2022-12-23 | USD | United States New Home Sales | 0.615 M | 0.632 M |
