The main focus will be the Chinese CPI and PPI
2230GMT - Australia- Weekly consumer confidence/sentiment from ANZ/Roy Morgan
- prior 113.4
0001GMT - UK - BRC like-for-like sales for December
- prior +0.6%
- sales growth slowed a little in November after a big October result (+1.7%)
0030GMT - Australia - Retail Sales for November
- expected +0.4% m/m
- prior +0.5%
- August, September and October retail sales data came in much improved over what prevailed in the preceding 6 months
- November, and of course December, results will be a focus as an indicator to Q4 growth (Q3 was a negative q/q GDP result, heightening concerns over a recession)
0130GMT - China - Inflation data
CPI for December
- expected 2.2%
- prior 2.3%
PPI for December
- expected 4.7%
- prior 3.3% (Business to business inflation, at its highest since November of 2011. The question is how much of this is due to higher commodity prices and how much due to increasing demand - it's the latter that would be a better sign for the economy)