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Yesterday's session brought Public Sector Net Borrowing figures from the UK. Public sector net borrowing (excluding public sector banks) decreased by £7.7 billion to £59.5 billion in the current financial year-to-date (April to November 2016), compared with the same period in 2015. Public sector net borrowing (excluding public sector banks) decreased by £0.6 billion to £12.6 billion in November 2016, compared with November 2015.

In the US session Existing Home Sales data was published. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 0.7 percent to a seasonally adjusted annual rate of 5.61 million in November from a downwardly revised 5.57 million in October. November's sales pace is now the highest since February 2007 (5.79 million) and is 15.4 percent higher than a year ago (4.86 million).

 

There will be no major data releases from the UK tomorrow. In the US session Unemployment Claims, Durable Goods Orders and Final GDP figures will be published. Analysts predict no change in Unemployment Claims, 4.9% decrease in Durable Goods Orders and 3.3% growth in GDP.

 

Figures to watch:

 

Durable Goods Orders (Thursday 14:30)

Final GDP (Thursday 14:30)

Unemployment Claims (Thursday 14:30)

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