Highlights
In the UK monthly GDP data for November, the economy is expected to post a 0.1 percent rise after showing a steeper-than-expected contraction of 0.3 percent in October.
Overall industrial production in the UK is seen rising 0.2 percent on the month in November after falling 0.8 percent in October while manufacturing output is expected to advance a marginally stronger 0.3 percent following a 1.1 percent dip.
The UK November deficit is put at £15.7 billion, down from October's £17.03 billion.
No revisions are expected to the French CPI data for December, leaving a 0.1 percent monthly rise in prices and a 3.7 percent annual inflation rate, up from November's final 3.5 percent.
Consumer spending on manufactured goods in France is expected to dip 0.1 percent on the month in November after a 0.3 percent drop in October.
In Indian data to be released before the US markets open, the annual consumer inflation rate is seen rising to 5.70 percent in December from 5.55 percent in November and 4.87 percent in October. Industrial output is expected to rise 3.7 percent on year in November, slowing from a 11.7 percent increase in October.
US producer prices in December are expected to rise 0.2 percent on the month versus no change in November. The annual rate in December is seen at 1.3 percent versus November's 0.9 percent increase. Excluding both food and energy, the PPI is also seen up 0.2 percent on the month and 2.0 percent on the year.
Minneapolis Federal Reserve Bank President Neel Kashkari will participate in a fireside chat before the virtual 2024 Regional Economic Conditions Conference hosted by the Federal Reserve Bank of Minneapolis at 10 a.m. EST (1500 GMT).
China's trade surplus for December is expected to widen to US$76.0 billion versus November's larger-than-expected US$68.39 billion surplus that saw exports rise 0.5 percent on the year. Exports in December are expected to rise 1.7 percent.
Overall industrial production in the UK is seen rising 0.2 percent on the month in November after falling 0.8 percent in October while manufacturing output is expected to advance a marginally stronger 0.3 percent following a 1.1 percent dip.
The UK November deficit is put at £15.7 billion, down from October's £17.03 billion.
No revisions are expected to the French CPI data for December, leaving a 0.1 percent monthly rise in prices and a 3.7 percent annual inflation rate, up from November's final 3.5 percent.
Consumer spending on manufactured goods in France is expected to dip 0.1 percent on the month in November after a 0.3 percent drop in October.
In Indian data to be released before the US markets open, the annual consumer inflation rate is seen rising to 5.70 percent in December from 5.55 percent in November and 4.87 percent in October. Industrial output is expected to rise 3.7 percent on year in November, slowing from a 11.7 percent increase in October.
US producer prices in December are expected to rise 0.2 percent on the month versus no change in November. The annual rate in December is seen at 1.3 percent versus November's 0.9 percent increase. Excluding both food and energy, the PPI is also seen up 0.2 percent on the month and 2.0 percent on the year.
Minneapolis Federal Reserve Bank President Neel Kashkari will participate in a fireside chat before the virtual 2024 Regional Economic Conditions Conference hosted by the Federal Reserve Bank of Minneapolis at 10 a.m. EST (1500 GMT).
China's trade surplus for December is expected to widen to US$76.0 billion versus November's larger-than-expected US$68.39 billion surplus that saw exports rise 0.5 percent on the year. Exports in December are expected to rise 1.7 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.
