It is another holiday-shortened trading week. But there is no guarantee that it will be quiet. If anything, it could be as volatile as trading was during the Christmas week.
The US is on hook for some key employment data. More non-farm jobs could have been created in December. Average earnings could have risen 3% compared to a year ago. Those numbers could justify the US Federal Reserve’s decision to lift interest rates at the last meeting.
China will report some closely-watched purchasing managers’ indices. The manufacturing sector could still be expanding. But only just. The services sector is still expanding, though.
In Japan, the manufacturing sector is expected to show another month of healthy expansion. Elsewhere, both the Indian manufacturing and services sectors should also be in expansion mode.
Flash inflation numbers are expected from the Eurozone. Headline inflation is forecast to come in at 1.8%. But core inflation could be just 1%.
And finally, there will be an opportunity to get a first look at Singapore’s fourth-quarter economic growth rate. It is expected to show that the local economy grew 2.7% in 2018.
The Motley Fool’s purpose is to help the world invest, better. Click here now for your FREE subscription to Take Stock - Singapore, The Motley Fool’s free investing newsletter. Written by David Kuo, Take Stock - Singapore tells you exactly what’s happening in today’s markets, and shows how you can GROW your wealth in the years ahead.
Like us on Facebook to keep up to date with our latest news and articles. The Motley Fool’s purpose is to help the world invest, better.
The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore Director David Kuo doesn’t own shares in any companies mentioned.