At 17:00 (GMT+2), December data on the consumer confidence index in the EU countries is due, calculated based on a survey of 2.3K households that assess the prospects for the economy. It is a leading indicator for consumer spending, its high values indicate consumer optimism, and vice versa. In December, the indicator is likely to accelerate the negative dynamics from –13.7 points to –14.0 points, putting pressure on the euro. Read more