Economics Diary

Today: UK – Notes and coins money supply (Dec); Euroland – Wim Duisenberg gives pre E-day press conference.

Tomorrow: Launch of euro notes and coins.

Wednesday: UK – CBI retail sales survey (Dec); purchasing managers index (Dec); Euroland – Ernst Welteke gives update on euro launch; purchasing managers index (Dec); US – NAPM index (Dec).

Thursday: UK – Dun & Bradstreet business failures (Q4); Euroland – ECB interest rate decision; French consumer confidence; US – jobless claims.

Friday: UK – CIPS report on services (Dec); consumer credit (Nov); Euroland – services sector index (Dec); EC confidence survey (Dec); inflation (Dec); unemployment (Nov); US – Non-farm payrolls (Dec); non-manufacturing NAPM.