The ECB Monetary Policy Meeting Accounts will be released at 14:30 MT on January 16
Another opportunity to trade the USD
The level of American CB consumer confidence will be published on December 27, at 17:00 MT time.
It's a survey of about 5 thousand households which asks the respondents about the current and future economic conditions. This is a leading indicator of consumer spending, which represents the majority of the overall economic activity.
• If consumer confidence is higher than the forecast, the USD will rise;
• If consumer confidence is lower than the forecast, the USD will fall.
We expect the US-China phase one trade deal to be signed on Wednesday and multiple important indicators for the USD. Plus, it is the first week of the earnings reports
The British yearly CPI will be released at 11:30 MT on January 15
You are still in doubt whether it makes sense to trade stocks? Watch this.
The recent Chinese figures bring optimism
On Thursday, January 16 two central banks: the Reserve bank of South Africa and the Turkish Central Bank will make their interest rate decisions.