Highlights
In Asia news, investors will focus on Chinese Caixin manufacturing PMI and the India PMI manufacturing final report.
For China Caixin PMI manufacturing, the index is seen firming to 51.6 in December from 51.5 in November. The Caixin index continues to outperform the official manufacturing PMI, which has barely broken above the 50 neutral level.
In Europe, PMI manufacturing reports are due from Switzerland, France, Germany, Eurozone and UK, plus the Eurozone M2 money supply update.
In the US, weekly reports on mortgage applications, jobless claims and crude oil stocks are due, plus US PMI manufacturing final, and construction spending.
For China Caixin PMI manufacturing, the index is seen firming to 51.6 in December from 51.5 in November. The Caixin index continues to outperform the official manufacturing PMI, which has barely broken above the 50 neutral level.
In Europe, PMI manufacturing reports are due from Switzerland, France, Germany, Eurozone and UK, plus the Eurozone M2 money supply update.
In the US, weekly reports on mortgage applications, jobless claims and crude oil stocks are due, plus US PMI manufacturing final, and construction spending.
Definition
Market Reflections track market reaction to the trading day's major events. Economic data, policymaker speeches, and company news are featured in this report as well as key indexes and financial instruments.
Description
Understanding why markets respond as they do is fundamental for an investor. Market Reflections help explain how the day's events, news, and data impact the outlook for the economy and for market prices.
