Highlights
In France, industrial production is expected to show a slight 0.1 percent rise on the month in December after a 2.0 percent bounce in November.
No revisions are expected to the flash January purchasing managers' indexes for the services sector in France, Germany, the UK and the Eurozone.
The Eurozone's producer prices are expected to fall 0.7 percent on the month in December after a 0.9 percent drop in November. The annual rate is seen slowing to 22.6 percent from 27.1 percent.
In the US, a 185,000 rise is the call for nonfarm payroll growth in January versus 223,000 in December which, for the third month in a row, was at the top of Econoday's consensus range. December, in fact, was the eighth straight month and 10th of the last 11 that payroll growth exceeded Econoday's consensus.
Average hourly earnings in January are expected to rise 0.3 percent on the month for a year-over-year rate of 4.4 percent; these would compare with 0.3 and 4.6 percent in December, both of which, in contrast to payroll growth, were below Econoday's consensus range.
January's unemployment rate is seen rising to 3.6 percent from 3.5 percent the previous month.
The Institute for Supply Management (ISM) index for the services sector is forecast to post a modest rebound to 50.4 in January from 49.6 in December, when it plunged 6.9 points, indicating contraction after 30 months of growth, hit by sluggish new orders and employment.
No revisions are expected to the flash January purchasing managers' indexes for the services sector in France, Germany, the UK and the Eurozone.
The Eurozone's producer prices are expected to fall 0.7 percent on the month in December after a 0.9 percent drop in November. The annual rate is seen slowing to 22.6 percent from 27.1 percent.
In the US, a 185,000 rise is the call for nonfarm payroll growth in January versus 223,000 in December which, for the third month in a row, was at the top of Econoday's consensus range. December, in fact, was the eighth straight month and 10th of the last 11 that payroll growth exceeded Econoday's consensus.
Average hourly earnings in January are expected to rise 0.3 percent on the month for a year-over-year rate of 4.4 percent; these would compare with 0.3 and 4.6 percent in December, both of which, in contrast to payroll growth, were below Econoday's consensus range.
January's unemployment rate is seen rising to 3.6 percent from 3.5 percent the previous month.
The Institute for Supply Management (ISM) index for the services sector is forecast to post a modest rebound to 50.4 in January from 49.6 in December, when it plunged 6.9 points, indicating contraction after 30 months of growth, hit by sluggish new orders and employment.
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.
