Investors looking for a better year after a disaster for many assets in 2022. You can read How Markets Performed in 2022. On Monday stock and bond markets will be closed in the U.S.A. The week starts in Eurozone with the release of the S&P Global Manufacturing PMI.
Monday, January 2
In Eurozone, the New Year starts with the S&P Global Manufacturing PMI for December which for Germany is expected at 47.4 the same as the previous month. In Eurozone, the S&P Global Manufacturing PMI is forecasted at 47.8.
08:15 EUR Spain S&P Global Manufacturing PMI DEC 45.2 45.7
08:50 EUR France S&P Global Manufacturing PMI DEC 48.9 48.9
08:55 EUR Germany S&P Global/BME Manufacturing PMI DEC 47.4 47.4
09:00 EUR Greece S&P Global Manufacturing PMI DEC 48.4
09:00 EUR S&P Global Manufacturing PMI DEC 47.8 47.8
09:30 EUR Portugal Business Confidence DEC 1.2
09:30 EUR Portugal Consumer Confidence DEC -37.7
22:00 AUD S&P Global Manufacturing PMI DEC 50.4 50.4
Monday’s earnings reports: AZRE ALEAF AVYA MULN APGT LTCH MITK
Tuesday, January 3
01:45 CNY Caixin Manufacturing PMI DEC 49.3 49.4
03:30 AUD RBA Interest Rate Decision 3.1%
03:30 AUD RBA Rate Statement
05:30 AUD RBA Commodity Index SDR (YoY) DEC 24.8% 19.1%
08:30 CHF SVME – Purchasing Managers’ Index DEC 53.9
08:55 EUR Germany Unemployment Change DEC 27 17
08:55 EUR Germany Unemployment Rate s.a. DEC 5.5% 5.6%
09:30 GBP S&P Global/CIPS Manufacturing PMI DEC 44.7 44.7
13:00 EUR Germany Consumer Price Index (YoY) DEC
13:00 EUR Germany Harmonized Index of Consumer Prices (MoM) DEC
13:00 EUR Germany Harmonized Index of Consumer Prices (YoY) DEC
13:00 EUR Germany Consumer Price Index (MoM) DEC
13:00 EUR Germany Consumer Price Index (YoY) DEC 10.4% 10%
13:00 EUR Germany Harm. Index of Consumer Prices(YoY) DEC 11.8% 11.3%
13:00 EUR Germany Harm. Ind. of Consumer Prices (MoM)DEC -0.5% 0%
13:00 EUR Germany Consumer Price Index (MoM) DEC 0.6% -0.5%
14:00 NZD GDT Price Index -3.8%
14:30 CAD S&P Global Manufacturing PMI DEC 49.2 49.6
14:45 USD S&P Global Manufacturing PMI DEC 46.2 46.2
20:30 USD Total Vehicle Sales DEC 14.1
Tuesday’s earnings reports: BLDE ACUR LMPX KLDO IRNT
Wednesday, January 4
The U.S ISM Manufacturing PMI for December is expected at 48.5 below the previous reading of 48.
FOMC minutes will provide insights on the Feds outlook and the path of the interest rates in early 2023.
00:01 GBP BRC Shop Price Index (YoY) NOV 7.4%
00:30 JPY Jibun Bank Manufacturing PMI DEC 48.8 48.8
07:00 EUR Import Price Index (YoY) NOV 19.5% 23.5%
07:00 EUR Import Price Index (MoM) NOV 1.4% -1.2%
07:30 CHF Consumer Price Index (MoM) DEC 0% 0%
07:30 CHF Consumer Price Index (YoY) DEC 3.4% 3%
07:45 EUR Consumer Price Index (EU norm) (YoY) DEC 7.3% 7.1%
07:45 EUR Consumer Price Index (EU norm) (MoM) DEC 0.7% 0.4%
07:45 EUR Consumer Confidence DEC 83 83
08:15 EUR S&P Global Services PMI DEC 50.5 51.2
08:50 EUR S&P Global Services PMI DEC 48.1 48.1
08:50 EUR S&P Global Composite PMI DEC 48 48
08:55 EUR S&P Global/BME Services PMI DEC 49 49
08:55 EUR S&P Global/BME Composite PMI DEC 48.9 48.9
09:00 EUR S&P Global Services PMI DEC 49.1 49.1
09:00 EUR S&P Global Composite PMI DEC 48.8 48.8
09:30 GBP Net Lending to Individuals (MoM) NOV £4.7B
09:30 GBP Consumer Credit NOV £0.759B £0.769B
09:30 GBP M4 Money Supply (YoY) NOV 4.8%
09:30 GBP M4 Money Supply (MoM) NOV 0.4% 0%
13:55 USD Redbook Index (YoY) DEC 30 9.6%
15:00 USD ISM Manufacturing Prices Paid DEC 42.3 43
15:00 USD ISM Manufacturing New Orders Index DEC 48.1 47.2
15:00 USD ISM Manufacturing PMI DEC 48.5 49
15:00 USD ISM Manufacturing Employment Index DEC 49.1 48.4
15:00 USD JOLTS Job Openings NOV 10.442 10.334
19:00 USD FOMC Minutes
22:00 AUD S&P Global Composite PMI DEC 47.3
22:00 AUD S&P Global Services PMI DEC 46.9 46.9
Wednesday’s earnings reports: PKE BBBY NTIC RGP CCF UNF
Thursday, January 5
01:45 CNY Caixin Services PMI DEC 47.5 46.7
05:00 JPY Consumer Confidence Index DEC 29.1 28.6
07:00 EUR Imports (MoM) NOV 1.3% -3.7%
07:00 EUR Trade Balance s.a. NOV €5.3B €6.9B
07:00 EUR Exports (MoM) NOV 0.6% -0.6%
08:00 EUR Unemployment Change DEC -33.512
09:30 GBP S&P Global/CIPS Services PMI DEC 50 50
09:30 GBP S&P Global/CIPS Composite PMI DEC 49
10:00 EUR Producer Price Index (YoY) NOV 28.2% 30.8%
10:00 EUR Producer Price Index (MoM) NOV -0.5% -2.9%
12:30 USD Challenger Job Cuts DEC 76.835
13:15 USD ADP Employment Change DEC 134 127
13:30 CAD Exports NOV $67.04B
13:30 CAD International Merchandise Trade NOV $1.21B
13:30 CAD Imports NOV $65.82B
13:30 USD Goods and Services Trade Balance NOV $-78.2B
13:30 USD Initial Jobless Claims DEC 30 230 225
13:30 USD Continuing Jobless Claims DEC 23 1.71
13:30 USD Initial Jobless Claims 4-week average DEC 30 221
13:30 USD Goods Trade Balance NOV $-83.3B
14:45 USD S&P Global Composite PMI DEC 44.6 44.6
14:45 USD S&P Global Services PMI DEC 44.4 44.4
21:30 AUD AiG Performance of Services Index DEC 45.6
Thursday’s earnings reports: ANGO WBA CAG STZ LNN SMPL NEOG. Conagra Brands (CAG) is expected to report earnings per share of $0.66. Constellation Brands Inc (STZ) will report earnings before the market opens and analysts expect earnings of $2.9 per share. Walgreens Boots Alliance (WBA) also reports on Thursday with expectations of $1.13.
Friday, January 6
Friday is a busy day and investors will focus on the NFP report; the November reading beat the consensus as it came at 263k, and now the expectations are for 200k. The unemployment rate is expected unchanged at 3.7%.
The unemployment rate in Canada is expected slightly higher at 5.2% from 5.1% in November.
07:00 EUR Germany Retail Sales (YoY) NOV -2.5% -5%
07:00 EUR Germany Retail Sales (MoM) NOV 0.3% -2.8%
07:00 EUR Germany Factory Orders n.s.a. (YoY) NOV -7% -3.2%
07:00 EUR Germany Factory Orders s.a. (MoM) NOV -0.7% 0.8%
07:30 CHF Real Retail Sales (YoY) NOV 3% -2.5%
07:45 EUR France Consumer Spending (MoM) NOV -1.5% -2.8%
08:00 CHF Foreign Currency Reserves DEC 790
09:30 GBP S&P Global Construction PMI DEC 51.7 50.4
10:00 EUR Harm. Index of Consumer Prices (MoM) DEC 0.8% -0.1%
10:00 EUR Harm. Index of Consumer Prices (YoY) DEC 10.5% 10.1%
10:00 EUR Core Harm. Index of Consumer Prices (MoM) DEC -0.1% 0%
10:00 EUR Core Harm. Index of Consumer Prices (YoY) DEC 5.2% 5%
10:00 EUR Business Climate DEC 0.54
10:00 EUR Industrial Confidence DEC -1.6 -2
10:00 EUR Consumer Confidence DEC -22.2 -22.2
10:00 EUR Services Sentiment DEC 2.1 2.3
10:00 EUR Economic Sentiment Indicator DEC 93 93.7
10:00 EUR Retail Sales (MoM) DEC 0.1% -1.8%
10:00 EUR Retail Sales (YoY) DEC 2.4% -2.7%
13:30 CAD Net Change in Employment DEC -5.2 10.1
13:30 CAD Average Hourly Wages (YoY) DEC 5.4%
13:30 CAD Unemployment Rate DEC 5.2% 5.1%
13:30 CAD Participation Rate DEC 64.8% 64.8%
13:30 USD Nonfarm Payrolls DEC 200 263
13:30 USD Average Hourly Earnings (YoY) DEC 4.9% 5.1%
13:30 USD U6 Underemployment Rate DEC 6.7% 6.7%
13:30 USD Labor Force Participation Rate DEC 62.1% 62.1%
13:30 USD Unemployment Rate DEC 3.7% 3.7%
13:30 USD Average Weekly Hours DEC 34.5 34.4
13:30 USD Average Hourly Earnings (MoM) DEC 0.6%
15:00 USD ISM Services New Orders Index DEC 58.5 56
15:00 USD ISM Services Prices Paid DEC 71.5 70
15:00 USD ISM Services PMI DEC 55.5 56.5
15:00 USD ISM Services Employment Index DEC 50.2 51.5
15:00 USD Factory Orders (MoM) NOV -0.1% 1%
Friday’s earnings reports: GBX
*The first number is the consensus estimate and the second number is the previous reading.
Nikolas has been involved in the finance industry for over fifteen years spanning across Europe and USA with a depth of knowledge and experience within many aspects of the financial markets. Nikolas gained several years experience with some of the Europe’s leading Brokers, as equity analyst, and trader managing accounts for both Private and Corporate Investors. He enjoys both the fundamental and technical aspects of trading focusing on stock markets and all FX majors. Currently, Nikolas provides analysis and comments to online financial publications. Educational background in Economics (BSc), and Finance (MSc).
