From Eurozone, yesterday, German PPI figures were released. In November 2015 the index of producer prices for industrial products fell by 2.5% compared with the corresponding month of the preceding year. In October 2015 the annual rate of change all over had been –2.3%. Compared with the preceding month the overall index fell by 0.2% in November 2015 (–0.4% in October 2015 and –0.4% in September 2015). This was in line with market forecasts.
From Eurozone, tomorrow, German Consumer Climate data will be published. No change from last month's 9.3 is anticipated. In the US session Final GDP and Existing Home Sales figures are scheduled for a release. Analysts are forecasting 1.9% increase in GDP, while Existing Home Sales should show annual level of 5.32 million.
Figures to watch:
GfK German Consumer Climate (Tuesday 8:00)
Final GDP (Tuesday 14:30)
Existing Home Sales (Tuesday 16:00)
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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