New York Fed Empire State manufacturing survey for December and Industrial Production and Capacity Utilization for November

Are both coming up during the US morning

New York Fed Empire State manufacturing due at 1330 GMT

  • expected 18.7, prior 19.4

Industrial Production and Capacity Utilization for November due at 1415 GMT

  • IP expected 0.3%, prior 0.9%
  • Cap. U expected 77.2, prior 77.0

Says Barclays on Industrial Production:

  • We look for industrial production to increase by 0.3% m/m in November
  • Moderating somewhat after a strong showing in October (0.9%)
  • We expect much of this moderation to be driven by the manufacturing sector, which we expect to rise by a modest 0.2% m/m (previous: 1.3%)
  • We also look for a decline in utilities, while we expect mining production to rebound in November