|
China will be one
of the headliners in the week's data capped by industrial production and
also GDP, both out on Friday and both expected to slow. Data will also be
heavy out of the UK beginning with industrial production and merchandise
trade on Monday in data, however, for November which was before December's
victory for the Tories and a time when Brexit uncertainty was especially
heightened. Holiday retail sales results will be posted in the US on
Thursday amid what forecasters see as tangible improvement versus what
proved to be a very flat November. US data will also include the Treasury
budget on Monday, and with it the latest update on US fiscal stimulus,
along with housing starts and industrial production on Friday, the former
posting a run of very sharp gains in contrast to the latter where
manufacturing, at least on trend, has been flat. And strength for this
report is not expected. The health of manufacturing will also be in focus
on Wednesday with Eurozone industrial production and on Thursday with
Japanese machine orders.
|
No comments:
Post a Comment