US Earnings Season: FactSet predicts 8.3% Y/Y earnings growth in Q4, with tech leading the way. Financials are expected to have modest improvement. US CPI expected to rise in Dec after Nov’s soft reading. Chinese trade surplus to reach USD 1.2tn by end of 2025. US Retail Sales for Nov show solid growth but at a slower pace. UK GDP for Nov expected to follow softer Oct numbers. BoE predicts zero growth in Q4. Pre-budget uncertainty may affect data interpretation. Consumers are spending cautiously, with higher-income households leading the way.
Read more at Investing.com: Week Ahead: Markets Watch US Earnings, CPI, Retail Sales, China Trade and UK GDP
