According to analysts at TD Securities, US industrial production is expected to moderate in December, with TD looking for growth to slow to 0.1% on a pullback in utilities, offsetting a 0.2% increase in manufacturing production (market: 0.2%, 0.3%).
Key Quotes
“Preliminary University of Michigan Sentiment for January will be released at 10:00 ET, with the market calling for a modest decline to 96.8.”
“The NY Fed’s Williams will speak on the economic outlook at 9:05 ET, which will be followed by an audience Q&A and an 11:00 ET speech from the Philadelphia Fed’s Harker.”
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