Automatic Data Processing (ADP) Employment Change. USA, 15:15 (GMT+2) 08 Jan

08Jan.202514:15

Automatic Data Processing (ADP) Employment Change. USA, 15:15 (GMT+2)

At 15:15 (GMT+2), the US will release December Nonfarm Payrolls data from Automatic Data Processing (ADP), based on a survey of about 400.0 thousand business sources. The release is used as a predictor of the government's Labour Market Report. A correction of the value from 146.0 thousand to 131.0 thousand is expected.

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08 Jan. 2025 11:00

Producer Price Index. EU, 12:00 (GMT+2)

November data on the euro area's Producer Price Index are due at 12:00 (GMT+2). The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Higher producer prices are fueling consumer inflation. On a monthly basis, the figure is likely to be adjusted from 0.4% to 1.5%.

08 Jan. 2025 16:00

Consumer Confidence. EU, 17:00 (GMT+2)

At 17:00 (GMT+2), January data on the Consumer Confidence index in the eurozone countries, calculated based on a survey of 2.3 thousand households that assess the economic prospects, will be published. It is a leading indicator for consumer spending, with high readings indicating consumer optimism and vice versa. In December, the indicator may be recorded in the area of –14.5 points.

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