MONDAY, DECEMBER 16
• Empire State Manufacturing Survey: Measuring manufacturing activity in New York, an early indicator of economic health.
• S&P Flash Services PMI and Manufacturing PMI: Assessing activity in the manufacturing and services sectors in the U.S.
TUESDAY, DECEMBER 17
• U.S. retail sales: A key index assessing consumer spending. Estimated increase of 0.6% compared to 0.4% previously.
WEDNESDAY, DECEMBER 18
• FED interest rate decision: Forecast to lower interest rates by an additional 0.25%.
• Press conference by FED Chair Powell: Important information on future monetary policy direction.
• Bank of Japan interest rate decision: Closely monitored to assess BOJ's easing policy.
THURSDAY, DECEMBER 19
• Number of initial unemployment claims: Labor market indicator (estimated 229,000, down from the previous 242,000).
• GDP (second revision): Economic growth for Q3, estimated at 2.9%, higher than the previous 2.8%.
• Philadelphia FED Manufacturing Survey: Assessing manufacturing activity in the Northeast U.S.
• Bank of England interest rate decision: BOE's move could impact the British pound and financial markets.
FRIDAY, DECEMBER 20
• PCE inflation: FED's preferred inflation gauge, with PCE estimated at 2.5% (previously 2.3%), Core PCE estimated at 2.9% (previously 2.8%).
These events could create significant volatility in financial markets, especially with interest rate decisions and inflation data.