The tension will continue to build in Europe today

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The tension will continue to build in Europe today

<p style="" class="text-align-justify">The underlying mood in markets is pretty much reflected by <a href="https://www.forexlive.com/news/the-calm-before-the-storm-20221213/" target="_blank" rel="follow">the calm before the storm</a>. All eyes are on the US CPI data later today to really get the week started and until then, we might be in for a more sluggish and tense period in terms of trading sentiment.</p><p style="" class="text-align-justify">There will be some notable releases in Europe but I won't expect any to really make a big splash considering that the focus in broader markets this week is leaning more towards inflation and central bank drama in the next few days.</p><p style="" class="text-align-justify">0700 GMT - Germany November final CPI figures0700 GMT - UK November payrolls change0700 GMT - UK October ILO unemployment rate, average weekly earnings1000 GMT - Germany December ZEW survey current conditions, expectations1100 GMT - US November NFIB small business optimism index</p><p style="" class="text-align-justify">That's all for the session ahead. I wish you all the best of days to come and good luck with your trading! Stay safe out there.</p><p style="" class="text-align-justify">0 - Argentina have never been eliminated from the semi-finals at the World Cup, having made it to the finals in each of their previous five appearances at this stage of the tournament.</p>

                This article was written by Justin Low at www.forexlive.com.

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