Guide to today’s important data and events

Lots of economic dockets scheduled for today and some with high risks associated.

Data released so far -

• Australia - Current account balance for third quarter came at -18.1 billion. Building permits rose by 3.9% in October, up 12.3% from a year ago. Reserve bank of Australia kept policy on hold. RBA commodity index is down -22% in November.

• China - Non-manufacturing PMI for November improved to 53.6, while manufacturing PMI weakened to 49.6. Caixin manufacturing PMI rose to 48.6 in November.

• Japan - Manufacturing PMI came at 52.6 in November.

• India - Reserve Bank of India (RBI) kept rates on hold.

• Switzerland - GDP fails to grow in third quarter.

Upcoming -  

• Spain - Manufacturing PMI to be released at 8:15 GMT.
  
  
• Switzerland - Retail sales to be released at 8:15 GMT, followed by PMI at 8:30 GMT.
  
  
• Italy - Manufacturing PMI to be released at 8:45 GMT, followed by unemployment report at 9:00 GMT.
  
  
• France - Manufacturing PMI to be released at 8:50 GMT.
  
  
• Germany - Manufacturing PMI to be released at 8:50 GMT, along with unemployment details.
  
  
• Greece - Manufacturing PMI to be released at 9:00 GMT.
  
  
• Euro Zone - Manufacturing PMI to be released at 9:00 GMT, followed by unemployment report at 10:00 GMT.
  
  
• UK - BOE governor Mark Carney is scheduled to speak at 9:00 GMT.
  
  
• Canada - Third quarter GDP report to be released at 13:30 GMT, followed by manufacturing PMI at 14:30 GMT.
  
  
• US - Redbook index to be released at 13:55 GMT, followed by Markit manufacturing PMI at 14:45 GMT and Ism manufacturing PMI at 15:00 GMT. FED's Evans is scheduled to speak at 17:45 GMT.
  
  
• New Zealand - Global dairy auctions scheduled for today.
  
  
• Australia - RBA governor Glenn Stevens scheduled to speak at 23:30 GMT.