US 0730 ET Dec Challenger job cuts, Nov +45.4% y/y.
0830 ET Weekly initial unemployment claims expected +16,000 to 803,000, previous -19,000 to 787,000. Weekly continuing claims expected -19,000 to 5.200 million, previous -103,000 to 5.219 million.
0830 ET Nov trade deficit expected -$67.3 billion, Oct -$63.1 billion.
0900 ET Philadelphia Fed President Patrick Harker (non-voter) discusses his economic outlook during a virtual event hosted by the Philadelphia Business Journal.
0930 ET Richmond Fed President Thomas Barkin (voter) speaks to the North Carolina Bankers Association.
1000 ET Dec ISM services index expected -1.4 to 54.5, Nov -0.7 to 55.9.
1100 ET Treasury announces the amount of 3-year T-notes (previous $56 billion), 10-year T-notes (previous $38 billion) and 30-year T-bonds (previous $24 billion) to be auctioned Jan 11-13.
1200 ET St. Louis Fed President James Bullard (non-voter) discusses the U.S. economy and monetary policy during a virtual event hosted by the Little Rock Regional Chamber of Commerce.
1300 ET Chicago Fed President Charles Evans (voter) speaks to the Wisconsin Bankers Association Midwest Economic Forecast Forum.
1550 ET San Francisco Fed President Mary Daly (voter) speaks to the Shadow Open Market Committee.
GERMANY 0200 ET German Nov factory orders expected -1.2% m/m and +2.1% y/y, Oct +2.9% m/m and +1.8% y/y.
0330 ET German Dec Markit construction PMI, Nov +0.4 to 45.6.
UK 0430 ET UK Dec Markit/CIPS construction PMI expected -0.1 to 54.6, Nov +1.6 to 54.7.
EUR 0500 ET Eurozone Nov retail sales expected -3.4% m/m and +0.9% y/y, Oct +1.5% m/m and +4.3% y/y.
0500 ET Eurozone Dec economic confidence expected +1.9 to 89.5, Nov -3.5 to 87.6.
0500 ET Eurozone Dec CPI expected -0.2% y/y, Nov -0.3% y/y. Dec core CPI expected +0.2% y/y, Nov +0.2% y/y.
0500 ET Revised Eurozone Dec consumer confidence index, prelim-Dec +3.7 to -13.9.
ITALY 0500 ET Italy Dec CPI (EU harmonized) expected +0.3% m/m and -0.3% y/y, Nov unch m/m and -0.3% y/y.
CANADA 1000 ET Canada Dec Ivey PMI, Nov -1.8 to 52.7.
JAPAN 1830 ET Japan Nov household spending expected -1.0% y/y, Oct +1.9% y/y.
