Economic Calendar: preliminary PMI data for services and manufaacturing 🔎

• Early mid-december PMI data

Today is somewhat intriguing due to the early publication of PMI data ahead of the approaching holiday period at the end of December. This schedule adjustment primarily arises from the availability of respondents and the work schedules of those compiling and analyzing the data. The PMI for most countries is expected to be better than last month. However, due to the early publication, both the month-over-month changes and the changes compared to the final publications for December, which will be released in early January, may be slightly lower.

In addition, industrial production data from the USA and final inflation figures for November from some countries will also be released.

Detailed Macro Calendar for the Day:

9:15 AM, PMI Data for France:

• Services: Expected 46.0; previously 45.4
• Manufacturing: Expected 43.2; previously 42.9

9:30 AM, PMI Data for Germany:

• Services: Expected 49.8; previously 49.6
• Manufacturing: Expected 43.4; previously 42.6

10:00 AM, PMI Data for the Eurozone:

• Services: Expected 49.0; previously 48.7
• Manufacturing: Expected 44.5; previously 44.2

10:30 AM, PMI Data for the UK:

• Services: Expected 51.0; previously 50.9
• Manufacturing: Expected 47.5; previously 47.2

3:15 PM, Industrial Production Data for the USA for November:

• Monthly: Expectations: 0.3% MoM; previously -0.6% MoM

3:30 PM, PMI Data for the USA:

• Services: Expected 50.5; previously 50.8
• Manufacturing: Expected 49.1; previously 49.4