Daily Economic Outlook: 10th December, 2015

The Bank of England's MPC meeting is scheduled today. Markets are waiting for minutes of the meeting as the Bank's rate decision will indicate the performance of the domestic market. The BoE is unlikely to change its current interest rates. The BoE Governor Carney is unlikely to focus on monetary policy while updating the MPC minutes. Likewise, the SNB is expected to keep its existing policy rates unchanged in today's meeting.

In euro area, France's nonfarm payrolls for Q3, October industrial output and CPI figures for November will draw markets' attention. 

"Having been pulled in somewhat after the ECB's policy loosening last week, one hike is fully priced around the turn of the year, later than on our central view of August 2016", says Lloyds Bank.