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Economic Calendar

Friday, December 20, 2024

02:00  GBPCore Retail Sales (MoM) (Nov)  -0.9%

02:00  GBPCore Retail Sales (YoY) (Nov)  2.0%

02:00  GBPPublic Sector Net Borrowing (Nov) 15.50B17.35B

02:00  GBPPublic Sector Net Cash Requirement (Nov)  11.133B

02:00  GBPRetail Sales (YoY) (Nov)  2.4%

02:00  GBPRetail Sales (MoM) (Nov) 0.5%-0.7%

02:00  EURGerman PPI (MoM) (Nov) 0.3%0.2%

02:00  EURGerman PPI (YoY) (Nov)  -1.1%

02:45  EURFrench PPI (MoM) (Nov)  0.9%

02:45  EURPPI (YoY) (Nov)  -5.70%

03:30  HKDCPI (MoM) (Nov)  0.20%

03:30  HKDCPI (YoY) (Nov)  1.40%

04:00  EURItalian Business Confidence (Dec)  86.5

04:00  EURItalian Consumer Confidence (Dec)  96.6

05:00  EURItalian Industrial Sales (MoM) (Oct)  -0.30%

05:00  EURItalian Industrial Sales (YoY) (Oct)  -5.70%

05:30  RUBInterest Rate Decision (Dec) 23.00%21.00%

06:00  GBPCBI Distributive Trades Survey (Dec) -10-18

06:00  GBPCBI Industrial Trends Orders (Dec)  -19

06:00  EURItalian PPI (MoM) (Nov)  0.7%

06:00  EURItalian PPI (YoY) (Nov)  -2.8%

06:00  BRLFGV Consumer confidence (Dec)  95.6

06:30  INRFX Reserves, USD  654.86B

06:30  INRRBI MPC Meeting Minutes     

07:00  RUBCBR Press Conference     

08:30  USDCore PCE Price Index (YoY) (Nov)  2.8%

08:30  USDCore PCE Price Index (MoM) (Nov) 0.2%0.3%

08:30  USDPCE Price index (YoY) (Nov)  2.3%

08:30  USDPCE price index (MoM) (Nov)  0.2%

08:30  USDPersonal Income (MoM) (Nov) 0.4%0.6%

08:30  USDPersonal Spending (MoM) (Nov) 0.5%0.4%

08:30  USDReal Personal Consumption (MoM) (Nov)  0.1%

08:30  CADCore Retail Sales (MoM) (Oct) 0.5%0.9%

08:30  CADRetail Sales (MoM) (Oct) 0.4%0.4%

08:30  BRLFederal Tax Revenue (Nov)  247.92B

09:00  USDDallas Fed PCE (Nov)  2.30%

10:00  USDMichigan 1-Year Inflation Expectations (Dec) 2.9%2.6%

10:00  USDMichigan 5-Year Inflation Expectations (Dec) 3.1%3.2%

10:00  USDMichigan Consumer Expectations (Dec) 71.676.9

10:00  USDMichigan Consumer Sentiment (Dec) 74.071.8

10:00  USDMichigan Current Conditions (Dec) 77.763.9

10:00  EURConsumer Confidence (Dec)   -14.0-13.7

10:30  USDAtlanta Fed GDPNow (Q4)   3.2%3.2%

11:00  CADBudget Balance (YoY) (Oct)  -13.01B

11:00  CADBudget Balance (Oct)  -3.17B

13:00  USDU.S. Baker Hughes Oil Rig Count   

13:00  USDU.S. Baker Hughes Total Rig Count   

15:30  GBPCFTC GBP speculative net positions  27.1K

15:30  USDCFTC Aluminium speculative net positions  2.7K

15:30  USDCFTC Copper speculative net positions  11.0K

15:30  USDCFTC Corn speculative net positions  224.4K

15:30  USDCFTC Crude Oil speculative net positions  190.1K

15:30  USDCFTC Gold speculative net positions  275.6K

15:30  USDCFTC Nasdaq 100 speculative net positions  35.6K

15:30  USDCFTC Natural Gas speculative net positions  -140.6K

15:30  USDCFTC S&P 500 speculative net positions  -83.3K

15:30  USDCFTC Silver speculative net positions  41.2K

15:30  USDCFTC Soybeans speculative net positions  -86.2K

15:30  USDCFTC Wheat speculative net positions  -59.3K

15:30  CADCFTC CAD speculative net positions  -181.6K

15:30  CHFCFTC CHF speculative net positions  -35.0K

15:30  AUDCFTC AUD speculative net positions  8.5K

15:30  BRLCFTC BRL speculative net positions  -16.4K

15:30  JPYCFTC JPY speculative net positions  25.8K

15:30  NZDCFTC NZD speculative net positions  -28.2K

15:30  EURCFTC EUR speculative net positions  -75.6K

Technical Strategy

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Elliott Wave Theory

The Elliott Wave theory is a theory in technical analysis used to describe price movements in the financial market. The theory was developed by Ralph Nelson Elliott after he observed and identified recurring, fractal wave patterns. Waves can be identified in stock price movements and in consumer behavior. 

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Alligator Indicator

Legendary trader Bill Williams, an early pioneer of market psychology, developed the trend-following Alligator indicator, which follows the premise that financial markets and individual securities trend just 15% to 30% of the time while grinding through sideways ranges the other 70% to 85% of the time.

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Ichimoku Cloud

The Ichimoku Cloud is a type of chart used in technical analysis to display support and resistance, momentum, and trend in one view. TenkanSen and KijunSen are similar to moving averages and analyzed in relationship to one another. When the shorter term indicator, TenkanSen, rises above the longer term indicator, KijunSen, the securities trend is typically positive.

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