The KOF Swiss leading indicator for December is expected to creep up to 97.3 from 96.7 in November.

The Chicago PMI is expected to fall back in December to 50.0 versus November's much higher-than-expected 55.8, which indicated economic activity grew for the first time since August 2022.

At 8:30 p.m. on Sunday (0130 GMT Monday), Chinese purchasing managers' index data is expected to show some improvement. The CFLP manufacturing PMI is forecast at 49.9 in December, up from November's 49.4, which came in 2 tenths lower than expected and 1 tenth lower than October. The non-manufacturing PMI, which in November fell 4 tenths to 50.2 and missed the consensus by 9 tenths, is expected to increase slightly to 50.4.

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.

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.