Economic forecast for December 19 – Forex

THE New ealand will publish a survey of Westpac's consumer sentiment and balance of payments for the third quarter of this year. Australia will present an index of leading economic indicators. Japan will see data from imports, exports and the overall trade balance.

Germany will unveil the producer price index. The UK will release a large block of macroeconomic statistics, including the retail price index, the producer price index and consumer price indicators. The British Confederation of Manufacturers will publish changes in the volume of industrial orders. The Eurozone will present output in the construction sector.

In Canada, the basic and basic consumer price indices will be released. The U.S. will publish sales data in the secondary housing market. In the evening there will be a meeting of the Fed, at which the interest rate is likely to be raised. The Energy Information Administration will unveil changes to commercial oil inventories last week.