Quiet week ahead as 2014 nears end

The week ahead is expected to be a quiet one since many traders will begin taking holidays as the year winds down. Economic release will be few as a result.

Monday begins with Germany releasing import price data, while consumer confidence numbers are issued for the Eurozone. In the US, the Chicago Fed National Activity Index is released alongside an update on existing home sales numbers.

On Tuesday, final third quarter GDP numbers and current account data are out in the UK. In Canada, monthly GDP data are released. Durable goods orders, building permits numbers and final third quarter GDP data are published in the US.

On Wednesday, third quarter labour productivity data are released for the UK by the Office for National Statistics. In the US, initial jobless claims data are out.

Thursday’s economic releases include housing starts numbers for November from Japan.

On Friday, most markets will be closed, especially in Europe but Japan will release some data on inflation, unemployment and retail sales and the latest industrial production figures.

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