TC Economic Insight - The Week Ahead (Dec 25 - 29)


Kim Ming Lam


December 22, 2023



Min Read

TC Economic Insight - The Week Ahead (Dec 25 - 29)

Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.

We are looking into the trading week of December 25 - 29:

We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

We can select which economies to focus on:

Most major markets will be closed on Christmas holidays (Monday & Tuesday) next week.

According to Trading Central's "Economic Insight", Japan’s Retail Sales (due Thursday, December 28) are expected to grow 0.3% on month and 3.9% on year in November.

In the past 12 Japan Retail Sales Reports, USD/JPY rose in 58% of times (7 out of 12 events) within one hour from the report’s release, marking a trading range of 21.66 pips on average.

Other key economic data include:

Monday (December 25)

U.S., European markets will be closed for Christmas Day Holiday.

Canada, Australia, New Zealand, Hong Kong and Singapore markets will also be closed.

Tuesday (December 26)

European markets will be closed for Boxing Day Holiday.

Canada, Australia, New Zealand, and Hong Kong markets will also be closed.

Japan Unemployment Rate (NOV) expected to stand at 2.5%.

U.S. Chicago Fed National Activity Index (NOV) to rise to 0.20.

U.S. Dallas Fed Manufacturing Index (DEC) to decline to -20.5.

Wednesday (December 27)

U.S. Richmond Fed Manufacturing Index (DEC) expected to decline to -6.

Thursday (December 28)

Japan Industrial Production (NOV) expected to grow 0.2% on month.

Japan Retail Sales (NOV) to increase 0.3% on month, 3.9% on year.

France Unemployment Benefit Claims (NOV) to rise to 15,100.

U.S. Initial Jobless Claims (DEC/23) may increase to 207,000.

Friday (December 29)

U.K. Nationwide Housing Prices (DEC) expected to dip 0.1% on month.

U.S. Chicago PMI (DEC) to fall to 50.0.

Happy Trading!

Source: Trading Central Economic Insight

Kim Ming Lam

Head of APAC Research
Ming graduated from Hong Kong University with a Bachelor's degree in mechanical engineering. He has been working in the financial services sector for over 10 years. He is currently tasked with providing clients with technical analysis views on forex and Asian stock indexes.
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