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US 0830 ET Nov trade balance expected -$43.7 billion, Oct -$47.2 billion.
1000 ET Dec ISM non-manufacturing index expected +0.6 to 54.5, Nov -0.8 to 53.9.
1000 ET Nov factory orders expected -0.8%, Oct +0.3% and +0.2% ex transportation.
1300 ET Treasury auctions $38 billion of 3-year T-notes.
GERMANY 0330 ET German Dec Markit construction PMI, Nov +1.0 to 52.5.
EUR 0500 ET Eurozone Nov retail sales expected +0.7% m/m and +1.5% y/y, Oct -0.6% m/m and +1.4% y/y.
0500 ET Eurozone Dec CPI expected +1.3% y/y, Nov +1.0% y/y. Dec core CPI expected +1.3% y/y, Nov +1.3% y/y.
ITALY 0500 ET Italy Dec CPI (EU harmonized) expected +0.2% m/m and +0.5% y/y, Nov -0.3% m/m and +0.2% y/y.
JAPAN 1830 ET Japan Nov real cash earnings expected -0.7% y/y, Oct -0.4% y/y. Nov labor cash earnings expected -0.1% y/y, Oct unch y/y.

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