Highlights
Germany's Gfk consumer climate index, which improved by more than 2 points in January to minus 37.8, is expected to improve further to minus 33.0 for February. The index hit its record low of minus 41.9 in November.
In the UK's public sector finances data, overall net borrowing is put at £18.3 billion in December.
The INSEE French business climate indicator is seen holding steady at 101 in January.
In the latest French purchasing managers' index data, both manufacturing and services were just below the 50-line in December and only the most marginal improvement is expected for January; 49.7 is the consensus for both manufacturing and services.
Germany's PMIs have been in uninterrupted contraction since July and are expected to remain there in January, at a consensus of 47.9 for manufacturing and 49.7 for services.
In the Eurozone, after 47.8 for manufacturing in December and 49.8 for services, the PMIs in January are expected at 48.5 and 50.2, respectively.
Composite business activity in the UK is expected to remain stagnant in January, at a consensus 49.5 versus 49.0 in December, which was the fourth straight month under breakeven 50.
In the US, the PMI's have been sinking deeper into contraction, and no relief is expected for January. Manufacturing is seen at 46.5 with services at 45.5.
Richmond Fed's manufacturing index, which rose 10 points in December to plus 1, is expected to ebb back into the negative column in January, to minus 3.
In New Zealand, consumer prices are expected to rise a quarterly 1.4 percent in the fourth quarter for a year-over-year rate of 7.2 percent. These would compare with respective third-quarter rates of 2.2 and 7.2 percent.
Australian consumer prices in December are expected to accelerate 2 tenths to a year-over-year 7.5 percent versus 7.3 percent in November while quarter-over-quarter inflation in the fourth quarter is expected to slow 3 tenths to 1.5 percent.
In the UK's public sector finances data, overall net borrowing is put at £18.3 billion in December.
The INSEE French business climate indicator is seen holding steady at 101 in January.
In the latest French purchasing managers' index data, both manufacturing and services were just below the 50-line in December and only the most marginal improvement is expected for January; 49.7 is the consensus for both manufacturing and services.
Germany's PMIs have been in uninterrupted contraction since July and are expected to remain there in January, at a consensus of 47.9 for manufacturing and 49.7 for services.
In the Eurozone, after 47.8 for manufacturing in December and 49.8 for services, the PMIs in January are expected at 48.5 and 50.2, respectively.
Composite business activity in the UK is expected to remain stagnant in January, at a consensus 49.5 versus 49.0 in December, which was the fourth straight month under breakeven 50.
In the US, the PMI's have been sinking deeper into contraction, and no relief is expected for January. Manufacturing is seen at 46.5 with services at 45.5.
Richmond Fed's manufacturing index, which rose 10 points in December to plus 1, is expected to ebb back into the negative column in January, to minus 3.
In New Zealand, consumer prices are expected to rise a quarterly 1.4 percent in the fourth quarter for a year-over-year rate of 7.2 percent. These would compare with respective third-quarter rates of 2.2 and 7.2 percent.
Australian consumer prices in December are expected to accelerate 2 tenths to a year-over-year 7.5 percent versus 7.3 percent in November while quarter-over-quarter inflation in the fourth quarter is expected to slow 3 tenths to 1.5 percent.
Definition
Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.
Description
Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.
