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00:30 Australia Building Permits m / m in November -1.6% Revised to -1.8% -0.9 % -1.5 %
00:30 Australia Building Permits y / y in November +23.1 % +20.1 % +22.2 %
00:30 Australia Retail Sales m / m +0.5 % in November 0.5% 0.7%
00:30 Australia Retail Sales y / y +3.6 % in November
1:30 China Producer Price Index y / y in December -1.4 % -1.2 % -1.4 %
1:30 China Consumer Price Index y / y in December +3.0 % +2.7 % +2.5 %
7:45 France Trade Balance , Revised -4.8 billion in November from -4.7 -4.6 -5.6
09:30 UK Trade balance -9.7 -9.5 -9.4 November
10:00 Eurozone business sentiment in December 0.18 0.2 0.27
10:00 Eurozone Economic Sentiment 98.5 99.0 100.0 December
10:00 Eurozone business optimism in the industry -3.9 -3.3 -3.4 December
11:00 Germany Industrial Production ( m / m) in November -1.2 % +1.6% +1.9%
11:00 Germany Industrial Production y / y November +1.0% +3.4% +3.9%
12:00 UK BoE decision on interest rate 0.50% 0.50 % 0.50%
12:00 UK BoE decision in terms of the program of asset purchases 375 375 375
12:00 UK BoE statement Cover
12:45 Eurozone Interest Rate Decision ECB 0.25% 0.25 % 0.25%
The euro exchange rate against the dollar has grown significantly , due to the expectations of the press conference, ECB head Draghi . It is expected that Mario Draghi will use a balanced tone after the announcement of the decision on the rate , which has remained unchanged - at the level of 0.25 %. Experts say that most likely will not be announced any additional measures to stimulate the economy.
Moreover, the impact on the bidding had data for the euro area , which showed that economic sentiment in the euro zone rose to more than two-year high in December , which is a sign that the economic recovery is starting to gain momentum after a long decline .
Data published by the European Commission , supported by a growing list of statistics, which indicates improvement in business confidence and spending .
The report showed that the index of sentiment in the economy rose in December to a level of 100 points, compared to 98.4 points in November , while reaching its highest level since July 2011 .
Rise was broad-based and in all sectors . It is noteworthy that the trust between providers of the service sector was in the "plus" for the first time since August 2011 , while industrial companies were the second level of confidence.
Furthermore, it became known that the index of German economic sentiment was one of the most positive in December - at the level of 106.0 points. In Spain , the figure rose to 100.0 , while Italy he rose to 96.2 from November's 93.9 .
Pound with a slight rise against the dollar, given the fact that the Bank of England left unchanged interest rate and bond-buying program to support the UK economy. The Bank of England left its key interest rate unchanged at 0.5% and the size of its bond purchase program untouched for 375 billion pounds .
As usual, when there is no change in policy , Monetary Committee is not making a statement explaining its decision . Minutes of committee meetings will be published on January 22.
Economists expect GDP growth in 2014 is 2.5% , the highest since 2007. But despite this growth , some economists expect the central bank to start raising the UK refuses to borrowing costs in the near future .
Bank of England officials headed by Mark Carney pledged to keep its benchmark interest rate at a record low level in order to support the growing recovery in Britain as long as inflation remains subdued .
EUR / USD: during the European session, the pair rose to $ 1.3623
GBP / USD: during the European session, the pair rose to $ 1.6479 , then dropped to $ 1.6450
USD / JPY: during the European session, the pair rose to Y105.06
At 13:30 GMT will be held monthly press conference of the ECB. Also this time, Canada announces the change of volume of building permits issued , and will release the house price index in the primary market in November.
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