Headlines the Economic Calendar on Tuesday
1. Turkey CPI Inflation
In Turkey, we will focus on November inflation. Market consensus is 11.00% in y-o-y terms. October's yearly CPI inflation was 8.55%. Any realization higher than previous reading will trigger a sell-off in both lira and bond yields.
2. UK Construction PMI
The data measures the activity level of purchasing managers in the construction industry. The Construction PMI is forecast to stay at 44.5 in November. A lower than expected reading should be taken as negative for the Sterling.
3. Eurozone Producer Price Index
Watch out for the Eurozone Producer Price Index. On the year-on-year basis, the Eurozone PPI is expected to fall to -1.9% from -1.2%.
03 Dec 19 (Tue)
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