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07:00 Germany Gfk Consumer Confidence Survey January 5.9 5.9 5.6
09:30 United Kingdom Current account, bln Quarter III -20.8 -13.7 -12.8
09:30 United Kingdom PSNB, bln November 6.5 14.8 15.3
09:30 United Kingdom GDP, q/q (finally) Quarter III +1.0% +1.0% +0.9%
09:30 United Kingdom GDP, y/y (finally) Quarter III -0.1% -0.1% 0.0%
EUR / USD was trading without a trend at the time, as investors continue to closely follow the news from the U.S. in terms of the budget negotiations for 2013. Now that Plan B was not supported, Boehner expects Obama and Reid put forward a proposal. The President expressed hope for a quick bipartisan solution to this problem, but the chances of reaching agreement early becoming less.
GfK Group study showed that the decline in consumer sentiment in Germany, seems to have continued in 2013, and is expected to decline in the indicator to a 13-month low in January. The indicator fell from 6.0 in November to 5.8 in December (revised from 5.9). Component of economic expectations fell by 3.3 pips. after three months of growth before. "Consumers expect that the German economy will survive the difficult times in the coming months," according to the research company.
The British pound is reduced after the block statistics. GDP grew by 0.9% compared to Q2. to 1% in the previous assessment, as shown by the Office of Statistics. Consumer spending rose by 0.4% against 0.6% previously, and savings ratio peaked in 3 years. The UK economy grew less than expected, in Q3. The reason - as strong growth in services, trade and consumer spending.
In Q3 current account balance Britain reflected a surplus of £ 12.800 billion against the deficit of £ 17.433 billion in Q2. and forecasts for the level - £ 14.000 billion
In the 3rd quarter the volume of business investment in the UK rose by 5.1% y / y vs. 3.1% in the previous quarter. Figure for the quarter reflected the rise of 3.8% compared with 3.7% in the previous 3 months, and forecasts of 3.5%.
The index of activity in the service of Great Britain in October reflected the rise of 1.1% compared to 1.3% in October, which was in line with forecasts.
EUR / USD: during the European session, the pair rose to $ 1.3228
GBP / USD: during the European session the pair fell to the low of $ 1.6233
USD / JPY: during the European session, the pair rose to Y84.28
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