Forex Technical & Market Analysis FXCC Dec 10 2013

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[b]Forex Technical & Market Analysis FXCC Dec 10 2013

ECOFIN meetings might affect Euro direction, whilst important USA economic data is published in the New York session

Tuesday sees the publication of China's industrial production figures, expected in at 10.2%, retail sales in China are predicted to rise by 13.2%, with fixed asset investment predicted to rise by 20.1% - year on year. In Europe both French and Italian Industrial production figures are published, both expected in at circa 0.2-0.3%. The UK's manufacturing production is expected to fall to 0.4% from the previous month's 1.1%. The UK's trade balance is expected to stay at circa