Key US data coming up this week? - Nomura

Analysts at Nomura offered a snapshot of the upcoming data for the week ahead in the US.

Key Quotes:

"We expect steady increases for December’s industrial production data next week, consistent with the firming outlook for the industrial sector.

Moreover, we anticipate housing starts to inch up during the month, supported by warmer-than-usual weather, healthy permits data, and the continued, albeit gradual, rebuilding effort after the recent hurricanes. 

For January’s first round of business surveys, we expect continued elevated readings from the Empire State and Philly Fed manufacturing surveys.

December’s ISM manufacturing report punctuated a strong year for manufacturing and we anticipate momentum to continue near term."