Economic Calendar for Investors and Traders (December 9-13, 2024)

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Economic Calendar for Investors and Traders (9–13 December 2024)
08.12.2024
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Economic Calendar for Investors and Traders (December 9-13, 2024)

Monday, December 9

Japan: Q3 2024 GDP Data (02:50 MSK)
The updated economic growth estimate may indicate recovery or slowdown in the Japanese economy. This data is crucial for understanding the Bank of Japan's monetary policy directions and can significantly impact the currency market, especially the yen exchange rate.

China: Consumer Price Index (November) (04:30 MSK)
Inflation indicator for the world's largest economy. The results will help understand domestic demand and inflationary pressures, which is important for commodity markets and Asian stock indices.

US: Annual Consumer Inflation Expectations (November) (19:00 MSK)
The New York Federal Reserve Bank report will show how the population assesses future inflation rates. This affects expectations for Fed monetary policy and, consequently, bond markets and the US dollar.

Bank of England Representative (Ramsden) Speech
Any statements on monetary policy or UK economic forecasts will be closely scrutinized by markets.

Key Monday Reports (US and Russia)

Pre-market:
  • Hello Group Inc ADR (MOMO): financial report at 11:30 MSK. Expected change: -12.1%.
After market close:
  • C3.ai Inc Cl A (AI): report at 00:05 MSK. Expected change: +24.3%.
  • Oracle Corp (ORCL): report at 00:05 MSK. Expected change: +9.1%.
  • Planet Labs PBC (PL): report at 00:05 MSK. Expected change: +13.7%.
  • Toll Brothers Inc (TOL): report at 00:30 MSK. Expected change: +4.6%.


Tuesday, December 10

China: Global Trade Data (November) (06:00 MSK)
China's export and import statistics reflect the state of global demand and supply. Results will be important for assessing global economic prospects.

Australia: Central Bank Rate Decision (06:30 MSK)
Markets expect comments on the state of the Australian economy, especially regarding inflation and growth. Any rate changes could significantly affect the Australian dollar exchange rate.

Germany: Consumer Price Index (November) (10:00 MSK)
A key indicator for the entire Eurozone. Germany's inflation level may influence future European Central Bank decisions.

189th OPEC Conference (15:00 MSK)
The main event for the oil market. Production quotas will be discussed, directly affecting oil price dynamics.

US: WASDE Report (20:00 MSK)
The US Department of Agriculture report will provide important information on global stocks and production of agricultural crops. This may affect the commodity market.

API US Oil Inventory Data (00:30 MSK)
Preliminary oil inventory data will provide initial guidance before the more official EIA report.

Key Tuesday Reports (US and Russia)

Pre-market:
  • Autozone (AZO): report at 14:55 MSK. Expected change: +2.6%.
  • Academy Sports and Outdoors Inc (ASO): report at 16:00 MSK. Expected change: -2.0%.
  • Ollie's Bargain Outlet Holdings Inc (OLLI): report at 15:30 MSK. Expected change: +8.0%.
After market close:
  • GameStop Corp (GME): report at 00:05 MSK. Expected change: -16.5%.
  • Dave & Buster's Entertainment Inc (PLAY): report at 00:05 MSK. Expected change: -1.5%.
  • Stitch Fix Inc (SFIX): report at 00:05 MSK. Expected change: -16.1%.


Wednesday, December 11

OPEC: Monthly Oil Market Report (14:00 MSK)
The report will present updated estimates of demand, supply, and trends in oil markets. Comments on the global economy's impact on the oil market are expected.

US: Consumer Price Index (November) (16:30 MSK)
A key inflation indicator crucial for Federal Reserve policy. High values may strengthen expectations of further monetary policy tightening.

Canada: Central Bank Rate Decision (17:45 MSK)
Discussion of Canada's economic prospects and inflation. Rate changes may affect the Canadian dollar exchange rate.

EIA US Oil Inventory Data (18:30 MSK)
The official report on oil and petroleum product inventories often causes high volatility in the oil market.

Russia: Consumer Price Index (November) (19:00 MSK)
Inflation data will provide insight into the Bank of Russia's monetary policy prospects and ruble dynamics.

Brazil: Central Bank Rate Decision (00:30 MSK)
Investor interest is focused on the monetary policy course in one of the largest developing economies.

Key Wednesday Reports (US and Russia)

Pre-market:
  • Macy's Inc (M): report at 14:55 MSK. Expected change: -2.7%.
After market close:
  • Adobe Inc (ADBE): report at 00:05 MSK. Expected change: +9.7%.
  • Nordson Corp (NDSN): report at 00:30 MSK. Expected change: +1.9%.


Thursday, December 12

Russia: Trade Balance (October) (16:00 MSK)
Data shows the difference between exports and imports. The trade balance plays a key role in ruble exchange rate dynamics.

Eurozone: European Central Bank Rate Decision (16:15 MSK)
A key event for the currency market and debt instruments. Expectations concern signals about continuing or changing the monetary policy course.

US: Producer Price Index (November) (16:30 MSK)
An inflation indicator at the producer level, foreshadowing possible changes in retail inflation.

US: Initial Jobless Claims Data (16:30 MSK)
A labor market indicator that signals the state of the US economy.

European Central Bank Press Conference (16:45 MSK)
The ECB President will present forecasts and clarify the monetary policy course, affecting bond markets and the euro.

Eurozone: ECB Economic Forecasts (17:45 MSK)
ECB forecasts are important for assessing economic growth and inflation prospects.

US: Natural Gas Inventory Data (18:30 MSK)
The EIA report will provide information on gas inventory status, important for the energy market.

Key Thursday Reports (US and Russia)

Pre-market:
  • Ciena Corp (CIEN): report at 15:00 MSK. Expected change: -2.6%.
After market close:
  • Broadcom Inc (AVGO): report at 00:15 MSK. Expected change: +51.3%.
  • Costco Wholesale Corp (COST): report at 00:15 MSK. Expected change: +7.9%.
  • RH (RH): report at 00:05 MSK. Expected change: +7.9%.


Friday, December 13

UK: GDP Data (October) (10:00 MSK)
British economic growth indicator, especially under inflationary pressure and high interest rates.

Eurozone: Industrial Production (October) (13:00 MSK)
Data will help assess the industrial sector's condition in the region.

Russia: Q3 2024 GDP Data (19:00 MSK)
Updated Russian economic growth indicator under high inflation and sanctions pressure.

Baker Hughes Data on Active Oil and Gas Rigs (20:00 MSK)
Decrease or increase in drilling rigs affects oil and gas supply expectations.

Key Friday Reports (US and Russia)

Russian companies:
  • NPO "Nauka" (NAUK): Extraordinary shareholders meeting on dividends for 9 months of 2024 at 2.92 rubles per share.
  • Novorossiysk Grain Plant (NKHP): Last day to buy shares with dividends of 17.12 rubles per share.
  • Fix Price (FIXP): Closing of the register for receiving dividends of 35.314 rubles per share.
Summary: The week is packed with key events that can significantly impact financial markets, including rate decisions, inflation data, and the oil market. Investors and traders should be prepared for increased volatility and closely monitor dynamics.
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