Key events ahead – Rabobank

By FXStreet FXStreet (Guatemala) – Analysts at Rabobank explained the rest of the key events for the day ahead.

Key Quotes:

“Today we have key Eurozone data with PPI (consensus -0.4%) and flash CPI for November (consensus: 0.2% m-o-m, and 1.1% y-o-y core). These data should back the ECB’s activist playbook, which is redolent of Japan’s traditional reserve currency tactics more than it is the UK or the US.

In the US we have Lockhart speaking on the economy. We then have the ADP employment survey (consensus: 190K) as a warm up for what is looking to be an even more nerve-tingling Friday payrolls report than was already the case. After that we have Yellen talking to the Economic Club of Washington, then the Fed’s Beige Book, and then Williams also speaking on the US outlook.

Perhaps Fed hawks will overlook the ISM survey and stress that Mark Zuckerberg has just pledged to spend his USD45bn fortune on helping mankind, which should boost demand somewhat. (Kudos for that tikkun olam: I might even start actually using Facebook too if he really means it, but don’t hold me to that just yet.)”
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Source:: FX Street