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Michigan expected inflation. US, 17:00 (GMT+2) 06 Dec

06Dec.202416:00

Michigan expected inflation. US, 17:00 (GMT+2)

At 17:00 (GMT+2), the US December data on expected inflation from the University of Michigan is due – a monthly study measuring the percentage change in the cost of goods and services over the next 12 months. It may change from 2.6% to 2.7%.

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Gross Domestic Product. EU, 12:00 (GMT+2)
06 Dec. 2024 11:00
Gross Domestic Product. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), the EU will publish data on the gross domestic product (GDP) for the third quarter of 2024. It is the main indicator reflecting the state of the national economy and considering domestic consumption, investment, government spending, and exports. It may remain at 0.4% QoQ and increase from 0.6% to 0.9% YoY, supporting the euro.

Michigan consumer sentiment. US, 17:00 (GMT+2)
06 Dec. 2024 16:00
Michigan consumer sentiment. US, 17:00 (GMT+2)

At 17:00 (GMT+2), the US December data on the change in the consumer confidence index from the University of Michigan is due, based on a telephone survey of at least 500 American households and records of consumer spending, which is part of economic activity. It may increase from 71.8 points to 73.1 points, supporting the American dollar.

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