| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 03:00 | China | Trade Balance, bln | December | 71.72 | 74.5 | 94.46 |
| 07:00 | United Kingdom | Manufacturing Production (MoM) | November | 0.1% | 0.2% | 1.1% |
| 07:00 | United Kingdom | Industrial Production (YoY) | November | 0.2% | 0.5% | 0.1% |
| 07:00 | United Kingdom | Manufacturing Production (YoY) | November | 1.1% | -0.3% | 0.4% |
| 07:00 | United Kingdom | Industrial Production (MoM) | November | -0.5% | 0.2% | 1% |
| 07:00 | United Kingdom | GDP, y/y | November | 5.1% | 7.5% | 8.0% |
| 07:00 | United Kingdom | GDP m/m | November | 0.2% | 0.4% | 0.9% |
| 07:00 | United Kingdom | Total Trade Balance | November | 0.151 | | 0.626 |
| 07:45 | France | CPI, y/y | December | 2.8% | 2.8% | 2.8% |
| 07:45 | France | CPI, m/m | December | 0.4% | 0.2% | 0.2% |
During today's Asian trading, the US dollar fell against most major currencies, while the US dollar index may show the most significant weekly decline in eight months.
The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona) decreased by 0.11%.
The focus this week was data on consumer prices in the United States, which failed to support the American national currency. Consumer prices in the United States rose 7% year-on-year in December, the fastest pace since June 1982, the country's labor ministry said on Wednesday. Inflation accelerated from 6.8% in November and coincided with analysts' forecasts.
Data on increased inflation in the US did not support the dollar, as they do not change market forecasts regarding the monetary policy of the Federal Reserve System, analysts say. The probability of raising the Fed base interest rate in March is estimated by the market at about 80%.
Today, the focus of investors' attention will be on retail sales data in the United States. Retail sales in November were much lower than expected, having increased by only 0.3% over the month. Higher prices for essentials such as food and gasoline have forced difficult choices in more discretionary categories such as electronics and home appliances and department stores during the holiday shopping season. Economists expect a further decline in spending in December and predict that sales did not change in December relative to November.