This is a list of the major events (News) for Tuesday - December 13, 2011 that will move the markets around the globe.

All times are given in GMT.

Tuesday – 12/13/2011

* GBP – Consumer Price Index (CPI) : at 9:30am
ForexFactory.com Notes; This is considered the UK's most important inflation data because it's used as the central bank's inflation target.
Previous 5.0%, Forecast 4.8%

* EUR – German ZEW Economic Sentiment : at 10:00am
It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity.
Previous -55.2, Forecast -56.1

* USD – Core Retail Sales : at 1:30pm
Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends.
Previous 0.6%, Forecast 0.5%

* USD – Retail Sales : at 1:30pm
It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
Previous 0.5%, Forecast 0.6%

* USD – FOMC Statement : at 7:15pm
It's the primary tool the FOMC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes.

Comments are closed.