Guide to today’s important data and events

Few economic dockets scheduled for today, all with low risks associated.

Data released so far -

• UK - Rightmove house price index dropped -1.1% in December, still up 7.4% from a year ago.

• Japan - Industrial production rose 1.4% m/m in October, while tertiary industry index jumped to 0.9%, up from -0.4% prior.

 Upcoming -  

• India - WPI inflation and trade deficit for November to be released at 6:30 GMT. Inflation is expected to sag lower.

• Italy - Consumer price index for November to be released at 9:00 GMT.

• Euro Zone - Industrial production for October to be released at 10:00 GMT. Prior 1.7% y/y, expected 1.3%.

• Auctions - US will auction 3 month and 6 month bills at 16:30 GMT.