Retail sales. EU, 12:00 (GMT+2) 05 Dec

At 12:00 (GMT+2), the EU retail sales data for October is due. The indicator records the total of all goods retailers sold, based on samples of outlets of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on the region’s gross domestic product. It may fall from 0.5% to –0.4% MOM and from 2.9% to 1.3% YoY, putting pressure on the euro.