These economic data will be important this week

Asia

On Monday, Australia reports building permit figures for November and Indonesia reports foreign exchange reserves for December.

On Tuesday, South Korea reports its current account for November and Japan reports household spending for November.

On Wednesday, South Korea releases the unemployment rate for December, Japan releases foreign exchange reserves for December and Australia releases retail sales for November.

On Thursday, Japan releases its current account for November, Australia reports imports, exports, and the trade balance for November, and China releases its consumer price index (CPI) for December, producer price index (PPI) for December, and yuan credit for December.

On Friday, South Korea reports import and export prices for December, and the Bank of Korea will hold a monetary policy meeting and publish an interest rate decision.
China reports imports, exports, and trade balance for December, and foreign direct investment for December.

Europe

On Monday, Germany publishes the industrial production for November, France the trade balance for November, and the EU the unemployment rate for November.

On Tuesday, France reports industrial production for November.

On Friday, the United Kingdom publishes gross domestic product (GDP) for November and industrial production for November.
France publishes the inflation rate for December, Germany the gross domestic product (GDP) 2022 report, and the EU the trade balance for November and industrial production for November.

The U.S.

On Tuesday, wholesale inventories for November will be released.

On Wednesday, the weekly oil inventories report from the U.S. Energy Information Administration (EIA) will be released.

On Thursday, weekly initial jobless claims and the Consumer Price Index (CPI) for December will be released.

On Friday, import and export prices for December and the University of Michigan’s preliminary consumer sentiment index for January will be released.

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