- European indices gains slightly
- Inflation reports from Europe
- Holiday in the USA
Futures contracts on indices indicate a higher opening for the cash session in the Old Continent. Today's macro calendar does not include any key publications that could affect the global forex and stock markets. Exchanges and banks in the USA will remain closed due to the federal holiday of Martin Luther King Jr. Day.
In Europe, we will learn about inflation reports from several member countries for December, including Poland, Sweden, and Croatia. The expected data are to be lower in each of the aforementioned countries.
Detailed calendar of the day:
10:00 AM GMT, Euro Zone - Industrial Production for November:
- Industrial Production: forecast -0.3% MoM; previous -0.7% MoM;
- Industrial Production: forecast -5.9% YoY; previous -6.6% YoY;
10:00 AM GMT, Euro Zone - Balance of Tade Data for November:
- Trade Balance: forecast 11.2B; previous 11.1B;
01:30 PM GMT, Canada - Manufacturing Sales:
- forecast 1.0% MoM; previous -2.8% MoM;
01:30 PM GMT, Canada - Wholesale Sales for November:
- forecast 0.8% MoM; previous -0.5% MoM;
BREAKING: US December manufacturing PMI holds at 51.8; eases from 52.2 in November📌
BREAKING: S&P Manufacturing PMI data from the UK weaker than expected
Economic calendar: Markets await final US manufacturing PMI data🔎
BREAKING: Euro Zone Manufacturing PMI misses the estimate 🇪🇺 📉