US nonfarm payrolls will be highlight of the week

On Monday, building permits data are issued by Eurostat for the Eurozone. Spending data are meanwhile issued by the Bureau of Economic Analysis in the US.

On Tuesday, trade data are meanwhile released in Australia. Then a number of whole economy PMI surveys and the UK Construction PMI are released by Markit. The US releases factory orders numbers for December.

Services PMI results by Markit for various countries are in focus on Wednesday. Retail sales numbers are out for the euro area.

The European Central Bank’s governing council meet, but no interest rate announcement is scheduled. The ECB also publishes its Economic Bulletin.
In the US, ADP employment data are issued.

On Thursday, the Eurozone Retail PMI and Germany Construction PMI results are published by Markit.

In Australia, retail sales numbers and home sales data are issued. Factory orders figures are out in Germany.
The Bank of England announces its latest monetary policy decision.

Industrial import prices are released by Eurostat for the Eurozone.

Canada and the US release trade balance data, with the latter also seeing initial jobless claims numbers.

On Friday, industrial output data are out in Germany and Spain.

The UK and France publish trade data, with the latter also seeing the release of budget balance numbers. Labour market data are issued in Canada and the US, including non-farm payrolls, which will be the highlight of the week.

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