Markets face a heavy macro calendar today, with the main focus on December PMI releases across the US, UK, Japan, Germany, France and the broader Eurozone. These surveys will be closely watched for confirmation on whether recent softening in activity is stabilising, particularly in services, and for any renewed signals on pricing pressures that could influence near-term central bank expectations.
In the US, attention also turns to revisions to October and November jobs data, alongside October retail sales, September business inventories, and the December New York Fed services business activity index. Any downside surprises in labour market revisions or consumer spending could reinforce the view that growth is cooling into year-end.
The UK data flow includes October average weekly earnings, the unemployment rate, and November jobless claims change, which will be key for assessing whether wage momentum is easing fast enough to support the BoE’s more cautious stance.
In Japan, markets digest the November trade balance and October core machine orders, with capex trends remaining central to the BoJ’s policy outlook. Germany’s December ZEW survey, alongside Italy and Eurozone October trade balances and the Eurozone December ZEW, will offer fresh insight into regional sentiment and external demand.
On the corporate side, Lennar earnings will be in focus, with investors looking for updates on housing demand, pricing power, and forward guidance amid shifting rate expectations.
Overall, today’s releases should provide a broad read on global growth momentum, with PMIs and labour data likely to be the key drivers for rates, FX, and equity futures.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
In the US, attention also turns to revisions to October and November jobs data, alongside October retail sales, September business inventories, and the December New York Fed services business activity index. Any downside surprises in labour market revisions or consumer spending could reinforce the view that growth is cooling into year-end.
The UK data flow includes October average weekly earnings, the unemployment rate, and November jobless claims change, which will be key for assessing whether wage momentum is easing fast enough to support the BoE’s more cautious stance.
In Japan, markets digest the November trade balance and October core machine orders, with capex trends remaining central to the BoJ’s policy outlook. Germany’s December ZEW survey, alongside Italy and Eurozone October trade balances and the Eurozone December ZEW, will offer fresh insight into regional sentiment and external demand.
On the corporate side, Lennar earnings will be in focus, with investors looking for updates on housing demand, pricing power, and forward guidance amid shifting rate expectations.
Overall, today’s releases should provide a broad read on global growth momentum, with PMIs and labour data likely to be the key drivers for rates, FX, and equity futures.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.