Central banks and economic data expected to drive market movements

From Investing.com: 2024-12-13 09:13:00

Chinese industrial output is expected to dip to 4.6% in November, with retail sales seen steady and house prices ticking higher. UK Flash PMIs may show a slight increase in services, but a moderation in manufacturing. EZ Flash PMIs are expected to fall, with little change in trajectory. UK labor market data could show steady unemployment and rising wage growth. US retail sales are expected to rise, showing consumer resilience. Canadian CPI data will be monitored for inflation trends.

The FOMC is expected to lower the Federal Funds Rate by 25bps. UK inflation is expected to rise, with core CPI increasing. The BoE is expected to keep the base rate unchanged. The BoJ may hold rates steady with future hikes expected. Norges Bank is likely to keep rates unchanged. The Riksbank is expected to cut rates by 25bps. Japanese CPI may impact future BoJ meetings. The PBoC may make changes to the Loan Prime Rate. UK retail sales are expected to increase, while US PCE may show a slight rise in November.

(Source: Newsquawk)



Read more at Investing.com: Week Ahead: FOMC, BoJ, BoE, PBoC LPR, PMI data, US PCE and Retail Sales