Economic Calendar: Key Market Events for the Week of December 9 -13, 2024
The upcoming week’s economic calendar, spanning December 9-13, presents a series of crucial events for investors to monitor. These developments will shape market dynamics both in Brazil and globally.
Monday kicks off with the release of the Focus Report by Brazil’s Central Bank. This document offers key economic forecasts from market analysts. Internationally, Mexico’s Producer Price Index (PPI) will provide insights into inflation trends from the producer’s perspective.
Tuesday brings the spotlight to Brazil’s official inflation measure, the Extended National Consumer Price Index (IPCA). This comprehensive indicator covers all regions of the country. China will release its trade balance figures, while Germany reports its Consumer Price Index (CPI).
Wednesday marks a pivotal moment as Brazil’s Monetary Policy Committee (Copom) announces the Selic rate decision. The current rate stands at 11.25% per annum. Brazil will also disclose foreign exchange flow data. Meanwhile, Argentina and the United States will release their respective CPI figures.
Thursday’s agenda includes Brazilian retail sales data, offering a snapshot of consumer spending patterns. The European Central Bank (ECB) will announce its interest rate decision, a key event for Eurozone watchers. The U.S. will publish its PPI, while the United Kingdom releases its Gross Domestic Product (GDP) figures.
Friday concludes the week with Brazil’s General Price Index-10 (IGP-10) and the Central Bank’s Economic Activity Index (IBC-BR). The latter serves as a preview for the national GDP. Internationally, Germany’s trade balance will be of interest to global market participants.
These economic indicators will provide valuable insights into inflation trends, monetary policy directions, and overall economic health across various nations. Investors should closely monitor these releases to make informed decisions in the coming week.
Economic Calendar for the Week of December 9 to 13, 2024
Monday, December 9
Brazil
- 8:30 AM – Focus Report
Mexico
- 9:00 AM – CPI
Tuesday, December 10
Brazil
- 9:00 AM – IPCA (Consumer Price Index)
China
- 12:00 AM – Trade Balance
Germany
- 4:00 AM – CPI
Wednesday, December 11
Brazil
- 6:30 PM – Selic Interest Rate Announcement
- 2:30 PM – Foreign Exchange Flow
Argentina
- 4:00 PM – CPI
United States
- 10:30 AM – CPI
Thursday, December 12
Brazil
- 9:00 AM – Retail Sales
Eurozone
- 10:15 AM – ECB Interest Rate Announcement
United States
- 10:30 AM – PPI
United Kingdom
- 4:00 AM – GDP
Friday, December 13
Brazil
- 8:00 AM – IGP-10 (Inflation Index)
- 9:00 AM – IBC-BR (Economic Activity Index)
Germany
- 4:00 AM – Trade Balance
Economic Calendar: Key Market Events for the Week of December 9 -13, 2024
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