One Minute Update


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It’s Friday, December 15th, and here is this week’s edition of forex happy hour and market report for the final trading day of the week. After a crazy busy week with Central banks around the world releasing their final interest rate decision of 2017, we might be able to chill a little bit today on a lighter economic calendar. We could expect some of the wild moves from the previous days to balance out and get back to their key support and resistance levels. A low-impact event during the London session is Euro-Zone Trade Balance s.a. (OCT) at 10 AM GMT. During the New York session, Canada’s Existing Home Sales (MoM) (NOV) will be out at 2 PM GMT, followed by the US Industrial Production (MoM) (NOV) at 2:15. Last but not least, the weekly Baker Hughes U.S. Rig Count will be out at 6 PM GMT, which could potentially impact the oil prices at the end of the busy trading week. Thanks for watching, have a great weekend and come back for more from Capital Index and Invest Diva soon.

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