In Australia, the Reserve Bank releases the private sector credit data on New Year’s Eve. On Wednesday January 2 CoreLogic will release December data on home prices. The CBA manufacturing purchasing manager’s index is released also on January 2 with the services gauge on January 4. New vehicle sales are scheduled for release at noon on the third working day after the end of every month.
In the US, there is a data deluge after the New Year’s public holiday is observed on January 1. The ISM purchasing managers’ indexes, private sector ADP employment report, non-farm payrolls, Challenger job cuts, construction spending and vehicle sales are all issued.
Purchasing managers’ indexes headline China data releases.

Published by Ryan Felsman, Senior Economist, CommSec