Euro Economic Calendar for January 20, 2012

ECONOMIC CALENDAR

EURO ECONOMIC CALENDAR

Fri., Jan 20				Period	Actual	Forecast	Previous

	EUR	12:00 AM	Current Account Balance - BoP	NOV	-2.30B	-	-1.50B

	EUR	12:00 AM	Capital Account Balance - BoP	NOV	733.7M	-	-8.7M

	EUR	12:00 AM	Financial Account Balance - BoP	NOV	1.03B	-	1.06B

	EUR	02:00 AM	PPI (M-o-M)	DEC	-0.4%	-	0.1%

	EUR	02:00 AM	PPI (Y-o-Y)	DEC	4.0%	-	5.2%

	EUR	04:00 AM	CB Coincidence Index	NOV	0.1%	-	0.1%

	EUR	04:00 AM	CB Leading Index	NOV	-0.2%	-	0.5%

	EUR	04:00 AM	Industrial Orders (M-o-M)	NOV	0.1%	-	-1.6%

	EUR	04:00 AM	Industrial Sales (M-o-M)	NOV	-	-	0.1%

	EUR	05:00 AM	Retail Trade (M-o-M)	OCT	-2.73%	-	-3.37 (R)%
Mon., Jan 23				Period	Actual	Forecast	Previous

	EUR	12:00 AM	Imports	NOV	22.54B	-	23.03B

	EUR	12:00 AM	Exports	NOV	19.87B	-	19.39B

	EUR	12:00 AM	Trade Balance	NOV	-2.67B	-3.5B	-3.64B

	EUR	02:45 AM	Production Outlook Indicator	JAN	-37	-	-36 (R)

	EUR	02:45 AM	Own-Company Production Outlook	JAN	-6	-	-1 (R)

	EUR	02:45 AM	Business Confidence Indicator	JAN	91	94.33	94
Tue., Jan 24				Period	Actual	Forecast	Previous

	EUR	02:00 AM	Unemployment Rate	DEC	7.4	-	6.2

	EUR	03:00 AM	Industrial Production (Y-o-Y)	NOV	2.5%	-	3.0%

	EUR	03:00 AM	Industrial Production (M-o-M)	NOV	-	-	-0.3%

	EUR	03:00 AM	PMI Composite	JAN P	50.9	-	50.0

	EUR	03:00 AM	PMI Services	JAN P	51.7	51	50.3

	EUR	03:00 AM	PMI Manufacturing	JAN P	48.5	49.5	48.9

	EUR	03:30 AM	PMI Services	JAN P	54.5	52.5	52.4

	EUR	03:30 AM	PMI Manufacturing	JAN P	50.9	49	48.4

	EUR	03:30 AM	PMI Composite	JAN P	54.0	-	51.3

	EUR	04:00 AM	CB Coincidence Index	NOV	-0.2%	-	0.0 (R)%

	EUR	04:00 AM	CB Leading Index	NOV	-0.2%	-	0.4 (R)%

	EUR	04:00 AM	Trade Balance - Non EU	DEC	1.99B	-	-1.19 (R)B

	EUR	04:00 AM	PMI Services	JAN P	50.5	49.1	48.8

	EUR	04:00 AM	PMI Composite	JAN P	50.4	48.67	48.3

	EUR	04:00 AM	PMI Manufacturing	JAN P	48.7	47.58	46.9

	EUR	05:00 AM	Industrial New Orders (Y-o-Y)	NOV	-2.7%	-1.25%	1.5 (R)%

	EUR	05:00 AM	Industrial New Orders (M-o-M)	NOV	-1.3%	-2.33%	1.5 (R)%

	EUR	09:00 AM	Business Sentiment	JAN	-9.5%	-10.25%	-10.6%
Wed., Jan 25				Period	Actual	Forecast	Previous

	EUR	12:00 AM	Exports	NOV	977.4M	-	917.3 (R)M

	EUR	12:00 AM	Trade Balance	NOV	-426.8M	-	-964.6 (R)M

	EUR	12:00 AM	Imports	NOV	1404.2M	-	1881.9 (R)M

	EUR	03:00 AM	PPI (Y-o-Y)	DEC	5.2%	-	6.3%

	EUR	03:00 AM	PPI (M-o-M)	DEC	-0.1%	-	0.2%

	EUR	04:00 AM	Germany IFO - Current Assessment	JAN	116.3	115.85	116.7

	EUR	04:00 AM	Germany IFO - Business Climate	JAN	108.3	106.95	107.3 (R)

	EUR	04:00 AM	Retail Sales (Y-o-Y)	NOV	-1.8%	-1.7%	-1.4 (R)%

	EUR	04:00 AM	Germany IFO - Expectations	JAN	100.9	98.5	98.6 (R)