Highlights
French industrial production is expected to rise 0.1 percent on the month in November after falling 0.3 and 0.6 percent in the prior two months.
In the US, the second estimate for November wholesale inventories is a 0.1 percent draw versus a 0.2 percent drop in the first estimate.
New York Federal Reserve Bank President John Williams will make keynote remarks at"2024 Economic Outlook with New York Fed President John C. Williams" at 3:15 p.m. EST (2015 GMT).
Australia's trade surplus is expected to widen to A$7.50 billion in November from A$7.129 billion in October.
In its latest policy announcement at 8 p.m. EST on Wednesday (0100 GMT/1000 KST Thursday), the Bank of Korea is expected to leave its policy interest rate unchanged for the eighth straight meeting, at 3.5 percent. The bank last raised the Base Rate by 25 basis points to the current restrictive level in January 2023. Consumer inflation in South Korea eased to 3.2 percent on year in December from 3.3 percent in November and 3.8 percent in October.
In a statement on its Nov. 30 rate decision, the board said it will maintain a restrictive policy stance for a sufficiently long period of time until it is confident that inflation will converge on the target level of 2 percent.
In the US, the second estimate for November wholesale inventories is a 0.1 percent draw versus a 0.2 percent drop in the first estimate.
New York Federal Reserve Bank President John Williams will make keynote remarks at"2024 Economic Outlook with New York Fed President John C. Williams" at 3:15 p.m. EST (2015 GMT).
Australia's trade surplus is expected to widen to A$7.50 billion in November from A$7.129 billion in October.
In its latest policy announcement at 8 p.m. EST on Wednesday (0100 GMT/1000 KST Thursday), the Bank of Korea is expected to leave its policy interest rate unchanged for the eighth straight meeting, at 3.5 percent. The bank last raised the Base Rate by 25 basis points to the current restrictive level in January 2023. Consumer inflation in South Korea eased to 3.2 percent on year in December from 3.3 percent in November and 3.8 percent in October.
In a statement on its Nov. 30 rate decision, the board said it will maintain a restrictive policy stance for a sufficiently long period of time until it is confident that inflation will converge on the target level of 2 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.
