China’s exports, European Central Bank stimulus and U.S. inflation figures highlight this week’s economic calendar.
TUESDAY
Economists expect China’s exports accelerated in November as surges in Covid-19 cases in Europe and the U.S. supported demand for medical and other goods. Already, data from China’s official purchasing managers index show export orders improved in November, supporting growth in the factory sector.
THURSDAY
The European Central Bank is set to offer more support to an economy struggling through another round of restrictions meant to control a new surge of Covid-19 cases. The central bank’s latest stimulus package could include billions more of bond purchases as well as an interest-rate cut and cheaper loans for banks.
