Monday Dec 19, 05:00 JPY
BoJ Interest Rate Decision
This announcement is made to communicate any changes to the interest rate, that the Bank of Japan charges banks for secured overnight lending. It is the Japanese Government's key interest rate for enacting monetary policy.
Tuesday Dec 20, 11:00 EUR
The National Institute of Statistics publishes the unemployment rate. This is the number of unemployed workers, divided by the total civilian labour force. It is a leading indicator for the Italian economy. If the rate is up, it indicates a lack of expansion within the Italian labour market.
Wednesday Dec 21, 17:00 USD
Existing Home Sales (MoM)
The figure quantifies the number of residential buildings that were sold during the previous month, excluding new construction. It is a good indicator of economic health of the US economy.
Thursday Dec 22, 15:30 USD
Initial Jobless Claims
This figure measures the number of individuals who filed for unemployment insurance for the first time, during the previous week. A higher than expected figure has a negative impact on the USD, while a lower than expected figure will have a positive impact on the USD.
Friday Dec 23, 17:00 USD
New Home Sales (MoM)
The figure quantifies the number of newly constructed residential buildings that have confirmed buyers, during the previous month. It is a good indicator of economic health of the US economy, as an increase in home sales is usually an indicator of an increase in consumer spending power.