| Time | Country | Event | Period | Previous value | Forecast |
|---|---|---|---|---|---|
| 06:00 | Japan | Prelim Machine Tool Orders, y/y | December | -16.8% | |
| 07:45 | France | CPI, y/y | December | 1.9% | 1.6% |
| 07:45 | France | CPI, m/m | December | -0.2% | 0% |
| 10:00 | Eurozone | Trade balance unadjusted | November | 14 | 13.7 |
| 13:30 | U.S. | PPI excluding food and energy, m/m | December | 0.3% | 0.2% |
| 13:30 | U.S. | PPI excluding food and energy, Y/Y | December | 2.7% | 3.0% |
| 13:30 | U.S. | PPI, y/y | December | 2.5% | 2.5% |
| 13:30 | U.S. | PPI, m/m | December | 0.1% | -0.1% |
| 13:30 | U.S. | NY Fed Empire State manufacturing index | January | 10.9 | 12.0 |
| 15:00 | Eurozone | ECB President Mario Draghi Speaks | |||
| 16:30 | U.S. | FOMC Member Kashkari Speaks | |||
| 18:00 | U.S. | FOMC Member Esther George Speaks | |||
| 23:50 | Japan | Core Machinery Orders | November | 7.6% | 3.5% |
| 23:50 | Japan | Core Machinery Orders, y/y | November | 4.5% | 0.4% |
| Time | Country | Event | Period | Previous value | Forecast |
|---|---|---|---|---|---|
| 06:00 | Japan | Prelim Machine Tool Orders, y/y | December | -16.8% | |
| 07:45 | France | CPI, y/y | December | 1.9% | 1.6% |
| 07:45 | France | CPI, m/m | December | -0.2% | 0% |
| 10:00 | Eurozone | Trade balance unadjusted | November | 14 | 13.7 |
| 13:30 | U.S. | PPI excluding food and energy, m/m | December | 0.3% | 0.2% |
| 13:30 | U.S. | PPI excluding food and energy, Y/Y | December | 2.7% | 3.0% |
| 13:30 | U.S. | PPI, y/y | December | 2.5% | 2.5% |
| 13:30 | U.S. | PPI, m/m | December | 0.1% | -0.1% |
| 13:30 | U.S. | NY Fed Empire State manufacturing index | January | 10.9 | 12.0 |
| 15:00 | Eurozone | ECB President Mario Draghi Speaks | |||
| 16:30 | U.S. | FOMC Member Kashkari Speaks | |||
| 18:00 | U.S. | FOMC Member Esther George Speaks | |||
| 23:50 | Japan | Core Machinery Orders | November | 7.6% | 3.5% |
| 23:50 | Japan | Core Machinery Orders, y/y | November | 4.5% | 0.4% |
But Have Not Achieved A Time Limit To Backstop From EU
China's exports and imports in December declined at the worst rates in two years, adding to evidence of a rapid slowdown in the economy amid the trade war with the US and weakening global activity.
Exports dropped 4.4 percent year-on-year in December, according to rttnews. That was in contrast to the 3 percent gain economists had predicted.
Imports decreased 7.6 percent from a year ago, defying expectations for a 5 percent rise.
Both exports and imports outcome was the worst since 2016. In December, the trade surplus was $57.1 billion.
In November 2018 compared with October 2018, seasonally adjusted industrial production fell by 1.7% in the euro area (EA19) and by 1.3% in the EU28, according to estimates from Eurostat.
In October 2018, industrial production increased by 0.1% in both the euro area and in the EU28. In November 2018 compared with November 2017, industrial production fell by 3.3% in the euro area and by 2.2% in the EU28.
Among Member States for which data are available, the largest decreases in industrial production were observed in Ireland (-7.5%), Portugal (-2.5%), Germany and Lithuania (both -1.9%).The highest increases were registered in Estonia (+4.5%), Greece (+3.1%) and Malta (+2.6%).
OPEC Seeks Improved Relations With U.S. via Proposed Lobbying Effort
OPEC Debates Merits of First-Ever Washington Outreach Effort
Says Present Fundamentals Are Clearly Trending in Right Direction
Kingdom Has Gone Beyond Its Commitments
Kingdom's Efforts Should Have Positive Impact on Inventories
Shale Oil Won't Sustainability Depress Market
Says Convinced Market Will Quickly Return to Balance
If More Needs to Be Done, We Will So
High Oil Prices Not healthy
In 2018 the average index of selling prices in wholesale trade was 2.7% higher than the average index of 2017, as reported by the Federal Statistical Office (Destatis)
In December 2018 the index increased by 2.5%, compared with December 2017. In November 2018 and in October 2018 the annual rates of change had been +3.5% and +4.0%, respectively.
From November 2018 to December 2018 the index fell by 1.2%.
| Pare | Closed | Change, % |
|---|---|---|
| AUDUSD | 0.72017 | 0.24 |
| EURJPY | 124.423 | -0.21 |
| EURUSD | 1.14627 | -0.32 |
| GBPJPY | 139.42 | 0.87 |
| GBPUSD | 1.28451 | 0.76 |
| NZDUSD | 0.68282 | 0.72 |
| USDCAD | 1.32695 | 0.27 |
| USDCHF | 0.9836 | -0.08 |
| USDJPY | 108.53 | 0.1 |
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