Economic calendar: PMI releases

• European markets seen opening higher
• Markets in UK and Canada are shut for holiday
• Manufacturing PMI releases

European stock market indices are expected to launch today's trading slightly higher following a quiet Asian session as  markets in Australia, New Zealand, China and Japan were closed. Also the UK and Canada will celebrate a holiday today. The economic calendar is rather light. Manufacturing PMIs for December will be released throughout the day but readings from major economies, like Germany, France of the United States, will be revisions. Due to lack of major stats, COVID-19 news updates may also influence the markets.

8:15 am GMT - Spain, manufacturing PMI for December. Expected: 56.3. Previous: 57.1

8:30 am GMT - Switzerland, manufacturing PMI for December. Expected: 61.2. Previous: 62.5

8:45 am GMT - Italy, manufacturing PMI for December. Expected: 61.6. Previous: 62.8

8:50 am GMT - France, manufacturing PMI for December (final). First release: 54.9

8:55 am GMT - Germany, manufacturing PMI for December (final). First release: 57.9

2.45 pm GMT - US, manufacturing PMI for December (final). First release: 57.8

3:00 pm GMT - US, construction spending for November. Expected: 0.8% MoM. Previous: 0.2% MoM