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FINANCIAL DIARY FOR THE WEEK

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Date Indicator Market Last Month ...
Date Indicator Market Last Month Expectation Mon 8 Jan Japan: Current Account (Nov) $7.5bn $9.5bn Japan: Trade Balance (Nov) $9.5bn $10.9bn Tues 9 Jan W.Germany: Unemployment (Dec) +5,000 +23,000 Wed 10 Jan UK: Visible Trade (Oct) -£1,400mn -£972mn Thurs 11 Jan UK: Industrial Production (Nov) +1.8% (y/y) +0.5% (y/y) UK: Manufacturing Output (Nov) +0.1% (y/y) +1.0% (y/y) US: Producer Prices (Dec)* +2.1% (y/y) +2.0% (y/y) Germany: Real GDP (Q4) +2.0% (y/y) +3.0% (y/y) Date Indicator Market Last Month Expectation Thurs 11 Jan France: Consumer Prices (Dec) +1.9% (y/y) +1.9% (y/y) Fri 12 Jan UK: CBI Distributive Trades Survey US: Consumer Prices (Dec)* +2.8% (y/y) +2.6% (y/y) US: Retail Sales (Dec) +2.8% (y/y) +3.2% (y/y) During Week: Ger:Manufacturing Orders (Nov) -6.8% (y/y) -6.2% (y/y) *Data Postponed
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