After the Central Bank conferences, a new week of December will bring with it a steady stream of statistics. There is a lot of news to be expected.

US Fed: The advance scene of the week

This week's key event is the conference of US Federal Reserve System. While the interest rate will not rise to near zero, the market is more concerned about decisions that could speed up stimulation. The more clear landmarks that the market sees, the more support the USD will receive.

US statistics: There are many things to look at

The USA will release retail sales statistics for November, new homes sales and industrial production along with Markit manufacturing PMI data for December. The USD will benefit from strong statistics.

The time is right for central banks

Conferences will be held in the Central Banks of Japan (Azerbaijan), England, Indonesia, Mexico (Mexico), the Philippines, Switzerland and Turkey (Taiwan, Norway, Chile) this week. The monetary policy is expected to remain unchanged with the possible exception of Turkey. For risky assets, the more calm the news is the better.

Brent: IEA, OPEC reports

At the start of each week, the International Energy Agency (IAEA) and OPEC will release their monthly commodity market overviews. Supply and demand parameters are of the greatest importance. The more optimistic the reports, the better they will be for oil.

ECB: A new conference

A new conference will be held by the European Central Bank. The expectations are neutral. Although the interest rate and monetary policies are unlikely to change, we can look at inflation forecasts as well as general recovery expectations following the pandemic. The EUR might be supported by stable expectations.

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