A big week is isn't being helped by the lack of US data
Not that there's much the data could do to derail Fed expectations but getting a bit more than we are due might liven things up a bit.
Today's card only has import and export prices for Nov.
Coming in at 0.5% in Oct, they are expected to drop -0.4% today. Export prices rose 0.2% and are also looking to fall, by 0.2%.
It's probably a tad early to see the recent jump in the dollar having a big effect here but don't rule out seeing some effects. In the wider picture, any jump in prices is going to give inflation watchers a box to tick and the Fed will also be taking note.
This isn't a huge data point so even a really big beat or miss shouldn't shake markets. However, there's a small chance we see a bigger move in the dollar on a beat than we do on a miss but I'm not expecting 50 pip moves or anything.
That all happens at 13.30GMT
Any market moves are just going to have to come on the whispering wind.
