UK: Not much for next two weeks - Danske Bank

Analysts from Danske Bank, point out that the next two weeks look quiet for the United Kingdom. The main report will the PMI and Brexit will remain in focus. 

Key Quotes: 

“In the UK, the coming two weeks are quiet. The most important release is the PMI manufacturing for December due out on 2 January. As the equivalent euro area index has risen in December, we expect another increase in the UK index (although it is more volatile). While growth in the service sector has slowed, manufacturing production growth has increased, supported by the global uptick in manufacturing. We forecast an increase to 58.8. PMI service is due out on 4 January and we expect it to remain broadly unchanged at 53.8."

“Brexit remains in focus, as transition talks are likely to start early next year. The aim (hope?) is to reach an agreement on transition before the EU summit on 22-23 March and to start negotiating the future relationship afterwards.”