Latest North American GDP numbers will be delivered to us on this week’s last trading day, so stay with us to find out more. <br />First up is Preliminary French GDP for the final quarter of last year at 6:30 in the morning. Economy expanded by point 3% in the third quarter, following a flat reading in Q2. <br />German retail sales for December will be available a half an hour later. Sales were up in November, following an upwardly revised contraction of point 1% in October.<br />Swiss KOF Economic Barometer for January is up next at 8 o’clock. Index has been weaker than expected in recent months, trending South of the 100 level.<br />We are getting latest Euro Zone Money Supply figures at 9 AM. The growth of money supply slowed down in November, but a slight rebound is expected in December.<br />It’s followed by a high importance Flash Euro Zone CPI release for this year’s first month at 10. Inflation stood unchanged at point 2% in December.<br />We head over the Atlantic for North American data run, which includes the high importance US Advance GDP for the fourth quarter at 1:30 PM GMT. US economy grew at an annual pace of 2% in third quarter and growth is expected to cool down in this release.<br />A couple of reports regarding Canadian economy are also out at the same time and GDP for November is one of them. Economy was flat in October after a sharp decline was recorded in September.<br />Raw material and industrial price indexes for December is the second Canadian release at this time. Both measures were down in November and raw materials price index plummeted by 4%. <br />Chicago PMI for January is up next at a quarter to 3. Index has remained below the 50 level for two consecutive months now and it hit a multi year low in December.<br />Last up is the Finalized University of Michigan Survey for January at 3 PM. According to flash report, consumer sentiment increased by point 7 points.<br />I’m Louise McCauley and these were the news events that might influence on the FX Markets on Friday. Tune in once again for Monday’s overview, but for now, goodbye.
