Key economic data and events to watch on December 17, 2024 (Tuesday):
15:00: The UK will release several employment data, including the ILO unemployment rate for the three months ending in October, the unemployment rate for November, and the number of unemployment claims. These data will reflect the health of the UK labor market.
17:00: Germany will publish the December IFO Business Climate Index, which is a key indicator of German businesses' confidence in future economic prospects.
18:00: Germany and the Eurozone will each release the December ZEW Economic Sentiment Index, while the Eurozone will also publish the seasonally adjusted trade balance for October. These data will provide further clues about the economic outlook for Germany and the Eurozone.
21:30: Canada will announce the November CPI monthly rate, which is crucial for assessing Canada's inflation level and monetary policy direction.
21:30: The United States will release the November retail sales monthly rate, which is an important indicator of consumer spending and consumer confidence in the US.
22:15: The United States will publish the November industrial production monthly rate, which will reflect the production activity in the US industrial sector.
23:00: The United States will release the December NAHB Housing Market Index and the October commercial inventory monthly rate. The NAHB Housing Market Index is an indicator of the outlook for the US real estate market, while the commercial inventory monthly rate reflects changes in US business inventory levels.
Next day 05:30: The United States will announce the API crude oil inventory for the week ending December 13, which is significant for assessing the supply and demand situation in the US crude oil market and oil price trends.
These data and events will have a significant impact on global financial markets, and investors should pay close attention.