European session: the pound against the dollar has decreased markedly

Data

6:30 France Changing the number of people employed in non-agricultural sector (final ) III m -0.1 % -0.1 % -0.1 %

7:00 Germany CPI m / m (final ) November +0.2% +0.2% +0.2%

7:00 Germany CPI y / y (final ) November +1.3% +1.3% +1.6%

11:00 Eurozone ECB representative Constancio V.

13:00 UK This member of the Committee on monetary policy the Bank of England Martin Vil

The euro exchange rate rose slightly against the dollar , retreating from session lows , helped by a report on Germany. Final data , which were presented to the Federal Statistical Office showed that inflation in Germany, agreed to the procedure of the EU , has increased markedly in November , and confirmed preliminary estimates.

According to the report , inflation in accordance with the harmonized consumer price index rose to 1.6 percent in November from 1.2 percent in October . November figure corresponded to preliminary estimates .

On a monthly basis the harmonized index of consumer prices increased in November by 0.2 percent , compared with a decline of 0.3 percent in the previous month . The result was in line with a preliminary estimate .

Meanwhile, the Department of Statistics reported that the consumer price index rose in November by 1.3 percent per annum , and confirmed earlier estimates and forecasts of experts . This followed growth of 1.2 percent in October .

On a monthly basis , consumer prices rose by 0.2 percent , which corresponds to the initial estimates , and the expectations of economists. Recall that in October , prices fell by 0.2 percent.

Pound declined significantly against the dollar, despite the fact that Britain's economic calendar is empty today . Add that many market participants were waiting for the intervention of the Bank of England Huila . In addition, the course of trade continued to influence yesterday's statement of the Bank of England Governor Mark Carney , who noted that the UK economy needs further political support and promised to remain vigilant about the risks for the housing market . "We need to provide more incentives but these incentives can create risks" - Carney said . "We have to take other measures to reduce these risks. If we do not, we can create a big problem in the future, or we will have to pull back too soon from the current monetary policy , which we planned to spend . "

"Now begins the real recovery ," - said in an interview with Carney . - " We are faced with strong headwinds from Europe, the problems associated with currency, and on the current borrowing households. Also enterprise until you start to invest or do believe in the economic recovery . "

EUR / USD: during the European session, the pair fell to $ 1.3737 , then back up to $ 1.3765

GBP / USD: during the European session, the pair fell to $ 1.6364

USD / JPY: during the European session, the pair dropped to Y102.38

At 18:01 GMT the United States places the 10 - year bonds . At 19:00 GMT the United States will submit a monthly report on the budget for November. At 20:00 GMT we will know the RBNZ decision on the basic interest rate. Also in this time will be a press conference by the RBNZ , the accompanying statement will RBNZ protocol and monetary policy of the RBNZ .