US 0830 ET Dec nonfarm payrolls expected +50,000, Nov +245,000. Dec private payrolls expected +29,000, Nov +344,000. Dec manufacturing payrolls expected +18,000, Nov +27,000. Dec unemployment rate expected +0.1 to 6.8%, Nov -0.2 to 6.7%. Benchmark revisions to payroll data and household survey data.
0830 ET Dec average hourly earnings expected +0.2% m/m and +4.5% y/y, Nov +0.3% m/m and +4.4% y/y. Dec average weekly hours all-employees expected unch at 34.8 hours, Nov unch at 34.8 hours.
1000 ET Nov wholesale trade sales, Oct +1.8% m/m. Revised Nov wholesale inventories expected unrevised at -0.1% m/m, prelim-Nov -0.1% m/m.
1100 ET Fed Vice Chair Richard Clarida discusses the economy and monetary policy during a virtual event hosted by the Council on Foreign Relations.
1500 ET Nov consumer credit expected +$9.000 billion, Oct +$7.228 billion.
JAPAN 0000 ET Japan Nov leading index CI expected +2.3 to 96.6, Oct +1.0 to 94.3. Japan Nov coincident index expected unch at 89.4, Oct +4.6 to 89.4.
GERMANY 0200 ET German Nov trade balance expected +19.2 billion euros, Oct +19.4 billion euros, Nov exports expected +1.0% m/m. Oct +0.9% m/m. Nov imports expected +0.4% m/m, Oct +0.4% m/m.
0200 ET German Nov industrial production expected +0.8% m/m and -2.3% y/y, Oct +3.2% m/m and -3.0% y/y.
FRANCE 0245 ET France Nov industrial production expected -1.0% m/m and -5.0% y/y, Oct +1.6% m/m and -4.2% y/y.
0245 ET France Nov manufacturing production expected -2.0% m/m and -5.9% y/y, Oct +0.5% m/m and -5.7% y/y.
0245 ET France Nov consumer spending expected -15.9% m/m and -14.2% y/y, Oct +3.7% m/m and +2.7% y/y.
UK 0430 ET UK Q3 unit labor costs, Q2 +12.9% y/y.
EUR 0500 ET Eurozone Nov unemployment rate expected +0.1 to 8.5%, Oct -0.1 to 8.4%.
ITALY 0500 ET Italy Nov unemployment rate expected +0.2 to 10.0%, Oct +0.1 to 9.8%.
CANADA 0830 ET Canada Dec net change in employment expected -37,500, Nov +62,100. Dec unemployment rate expected +0.2 to 8.7%, Nov -0.4 to 8.5%.
CHINA n/a China Dec new yuan loans expected +1.250 trillion yuan, Nov +1.430 trillion yuan. Dec aggregate financing expected +2.165 trillion yuan, Nov +2.134 trillion yuan.
