The flow of statistics in the second week of the month is dropping quite naturally. However, Central Banks are ready to respond to any changes.

Central Banks: Getting back to work

After a brief pause, Central Banks have begun planning conferences for this week. Kazakhstan, Georgia and India are among the first to start their conferences. Most cases do not expect any changes to the monetary policy, which is good news for those with risky assets.

AUD: The rate will not change

The Reserve Bank of Australia will hold a conference to decide the interest rate. It is unlikely that the RBA will change it, but they are not likely to. This is good news for the AUD. It does not signal that the time has come to take drastic measures.

EUR: New German Chancellor

Germany is witnessing an important moment this week: Olaf Scholz will replace Angela Merkel as Chancellor. Although the news is well-known, the fact that Merkel resigned can have an impact on the EUR and cause local sales.

USD: check inflation

The CPI for November will be published by the USA at the end of the second week in December. Expect inflation to continue growing -- by 0.6%/m and 6.7%/y. These are all new long-term highs. The USD will receive support due to rising inflation.

New statistics on the JPY will help you see the way

Japan publishes new data this week on household spending, bank loans, payment balance, average earnings, orders in mechanical engineering and payment balance. This report is vital: it forecasts a rise to -0.6% from -1.9% y/y. This would lead to people spending more, which is good news for the global GDP as well as the JPY.

--------------------