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What to watch (2/2)

OUTLOOK
  • In the UK, we will hear from Mann and Pill today; Ramsden, Pill and Cunliffe tomorrow, and the testimony ahead of the TSC from Bailey, Pill, Tenreyro and Haskel on Thursday. In addition, we will receive December activity data and the first print of Q4 GDP on Friday. Although this data is of much less importance than inflation or labour market data at present, it will still be an important datapoint for the MPC.
  • In the US focus will remain on digesting the impact of Friday's labour market and ISM services data in the early part of the week, as well as the ramifications from the shooting down of the Chinese balloon and any implications that may have on the politics side. The highlight of the week in data terms will be Michigan inflation expectations data on Friday.

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