Economic Calendar for the Week of 12/15 Through 12/19

Economic Calendar:

(Events highlighted in bold are those I view as the most important.)

(All times are ET)

Monday:

China – House Prices for November

China – Industrial Production, Retail Sales for November

China – Unemployment Rate for November

Japan – Tankan Big Manufacturing Outlook Index for 4Q

Eurozone – Industrial Production for October (5:00 a.m.)

U.K. – Bank of England Inflation Expectations (6:30 a.m.)

Canada – Housing Starts for November (8:15 a.m.)

U.S. – NY Empire State Manufacturing Index for December (8:30 a.m.)

Canada – CPI for November (8:30 a.m.)

U.S. – NAHB Housing Market Index for December (10:00 a.m.)

Fed’s Williams (New York, Voter) Speaks (10:30 a.m.)

Treasury Auctions $86 Billion in 13-Week Bills (11:30 a.m.)

Treasury Auctions $77 Billion in 26-Week Bills (11:30 a.m.)

Tuesday:

Earnings – LEN

Japan – au Jibun Bank Japan Manufacturing, Services, Composite PMI (Preliminary) for December

U.K. – Average Earnings for October (2:00 a.m.)

U.K. – Unemployment Rate for October (2:00 a.m.)

Eurozone – HCOB Eurozone Manufacturing, Services, Composite PMI (Preliminary) for December (4:00 a.m.)

U.K. – S&P Global U.K. Manufacturing, Services, Composite PMI (Preliminary) for December (4:30 a.m.)

Eurozone – ZEW Economic Sentiment for December (5:00 a.m.)

Eurozone – Exports, imports for October (5:00 a.m.)

U.S. – ADP Employment Change Weekly (8:15 a.m.)

U.S. – Average Hourly Earnings for November (8:30 a.m.)

U.S. – Building permits for September (8:30 a.m.)

U.S. – Retail Sales for October (8:30 a.m.)

U.S. – Nonfarm, Manufacturing, Private Payrolls for November (8:30 a.m.)

U.S. – Housing starts (8:30 a.m.)

U.S. – Unemployment Rate for November (8:30 a.m.)

U.S. – S&P Global U.S. Manufacturing, Services, Composite PMI (Preliminary) for December (9:45 a.m.)

U.S. – Business inventories for September (10:00 a.m.)

Treasury Auctions $75 Billion in 6-Week Bills (11:30 a.m.)

U.S. - American Petroleum Institute Crude Oil Inventory Data (4:30 p.m.)

Wednesday:

Earnings – GIS, JBL, MU

Japan – Exports, Imports for November (12:00 a.m.)

U.K. – CPI for November (2:00 a.m.)

Germany – Ifo Business Climate Index for December (4:00 a.m.)

U.S. - MBA Mortgage Applications (7 a.m.)

Fed’s Waller (Board member, Voter) Speaks (8:15 a.m.)

Switzerland – SNB quarterly bulletin (9:00 a.m.)

Fed’s Williams (New York, Voter) Speaks (9:05 a.m.)

U.S. – Business, Retail Inventories for September (10:00 a.m.)

U.S. - Energy Information Administration Crude Oil Inventory Data (10:30 a.m.)

Fed’s Bostic (Atlanta, Non‑voter) Speaks (12:30 p.m.)

Treasury Auctions $13 Billion in 20-Year Bonds (1 p.m.)

Thursday:

Earnings – DRI, FDX, KBH, KMX, NKE

Switzerland – Exports, Imports for November (2:00 a.m.)

Riksbank (Sweden) Monetary Policy Announcement (3:30 a.m.)

Norges Bank (Norway) Monetary Policy Announcement (4:00 a.m.)

U.K. – BOE Inflation Letter (7:00 a.m.)

Bank of England monetary policy announcement (7:00 a.m.)

U.K. – BOE Meeting Minutes (7:00 a.m.)

BOE’s Bailey (Governor) Speaks (7:30 a.m.)

European Central Bank Monetary Policy Announcement (8:15 a.m.)

U.S. - Initial Jobless Claims (8:30 a.m.)

U.S. - Continuing Claims (8:30 a.m.)

U.S. – CPI for November (8:30 a.m.)

U.S. – Philly Fed Manufacturing Index for December (8:30 a.m.)

ECB’s Lagarde (President) Speaks (8:45 a.m.)

U.S. – KC Fed Manufacturing Index for December (11:00 a.m.)

Treasury Auctions $24 Billion in 5-Year TIPS (1 p.m.)

U.S. – TIC Net Long‑Term Transactions for October (4:00 p.m.)

Fed's Balance Sheet Update (4:30 p.m.)

Friday:

Earnings – PAYX

Bank of Japan Monetary Policy Announcement

Japan – CPI for November

BOJ’s Ueda (Governor) Speaks

U.K. – Retail sales for November (2:00 a.m.)

Germany – GfK Consumer Climate Index for January (2:00 a.m.)

U.S. – PCE for October (8:30 a.m.)

U.S. – Personal Income, Spending, Consumption for October (8:30 a.m.)

Canada – Retail Sales for October (8:30 a.m.)

U.S. – Existing Home Sales for November (10:00 a.m.)

U.S. – University of Michigan Consumer Sentiment for December (10:00 a.m.)

Eurozone – Consumer Confidence for December (10:00 a.m.)

U.S. - Baker Hughes Rig Count (1 p.m.)

U.S. - CFTC’s Commitment of Traders Report (3:30 p.m.)

Fed Releases Balance Sheet Updates on Commercial Banks (4:15 p.m.)