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Employment change. EU, 12:00 (GMT+2) 07 Dec

07Dec.202211:00

Employment change. EU, 12:00 (GMT+2)

At 12:00 (GMT+2) in the euro area, data on employment for the third quarter of this year will be published. This indicator captures changes in the number of employed citizens and is a key indicator of the national labor market. The indicator is expected to remain at 1.7% YoY and 0.2% QoQ.

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Gross domestic product. EU, 12:00 (GMT+2)
07 Dec. 2022 11:00
Gross domestic product. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), there will be Q3 data on the gross domestic product of the EU countries. It is the main indicator reflecting the state of the national economy; it considers domestic consumption, investment, government spending, and exports. The value is expected to remain at 0.2% QoQ and 2.1% YoY.

Interest rate decision. Canada, 17:00 (GMT+2)
07 Dec. 2022 16:00
Interest rate decision. Canada, 17:00 (GMT+2)

At 17:00 (GMT+2), the Bank of Canada will announce its interest rate decision. It is expected that the regulator will increase it from 3.75% to 4.25% to curb inflationary pressure. The accompanying statement may contain an assessment of the current situation and immediate prospects for the Canadian economy, as well as hints at further actions by the financial authorities.

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