The flash Purchasing Managers' Index (PMI) survey results from both the euro area and the United Kingdom are anticipated on Monday, marking significant economic developments.
Commencing at 2:30 a.m. ET, Switzerland will release its producer price data. Analysts predict a 0.2 percent increase in November, a reversal from October's 0.3 percent decline.
Following this, at 3:15 a.m. ET, preliminary composite PMI data from France is expected. Forecasts suggest a slight increase in the manufacturing PMI to 43.2 for December, up from 43.1 in November, while the services PMI is projected to remain stable at 46.9.
At 3:30 a.m. ET, S&P Global will unveil Germany’s PMI survey outcomes. Expectations are for a manufacturing index rise to 43.1 in December from 43.0, and an improvement in the services index to 49.5 from 49.3.
Subsequently, at 4:00 a.m. ET, the Eurozone flash composite PMI figures will be released. Economists predict a modest increase in the factory PMI to 45.3 in December, up from 45.2 the previous month, while the services index is expected to hold steady at 49.5.
Half an hour later, the UK will present its S&P Global composite PMI data. The manufacturing PMI is forecasted to increase to 48.4 in December from 48.0 in November. Meanwhile, the services PMI is projected to rise slightly to 50.9, compared to 50.8 in the previous month.
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