US current account, consumer confidence and existing home sales are on the agenda

<p>Markets haven't quite hit the Christmas lull yet but we're close. Today there are a few items on the agenda that should keep markets turning over but probably not any fireworks.</p><ul><li>8:30 am ET US Q3 current account</li><li>10 am ET US consumer confidence for December</li><li>10 am ET eurozone consumer confidence flash</li><li>10 am ET US existing home sales for November</li><li>10:30 am ET US weekly EIA oil inventories</li><li>1 pm ET a 20-year US Treasury auction</li></ul><p>The one I'll be watching most-closely is the US consumer confidence print. The consensus is 104.0 vs 102.0 previously. Given the declines in gasoline prices and the rally in equities, I expect an upside surprise and that could help to lift the US dollar.</p>

This article was written by Adam Button at www.forexlive.com.