Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Nikkei flash manufacturing PMI rose to 52.4 in December, from 52.2 in November. Industrial production up 4.2 percent y/y in October.
- China: Fixed asset investments up 5.9 percent y/y in November. Industrial production growth declined to 5.4 percent y/y. Retail sales growth declined to 8.1 percent y/y.
Upcoming:
- Germany: Wholesale inflation report will be released at 7:00 GMT. Flash manufacturing PMI report will be released at 8:30 GMT.
- Spain: HICP inflation report will be released at 8:00 GMT.
- France: Flash manufacturing PMI report will be released at 8:15 GMT.
- Italy: Industrial sales and orders report will be released at 9:00 GMT, followed by CPI inflation report at 10:00 GMT.
- Eurozone: ECB will announce rate decision at 12:45 GMT, followed by a press conference 13:30 GMT. Q3 labor cost report will be released at 10:00 GMT.
- United States: Retail sales report will be released at 13:30 GMT, followed by industrial production report 14:15 GMT.