At 1330 GMT, the Department of Commerce was expected to announce that the year-on-year rate of increase in the headline price deflator for personal consumption expenditures dipped from 6.2% in September to 6.0% for October.
At the core level meanwhile, the PCE index was seen ticking lower from 5.1% to 5.0%.
Personal spending was nevertheless expected to have picked up from the 0.6% monthly rise seen in September to 0.8%, alongside a 0.4% increase in personal income thanks to strong growth in wage and salary income.
Investors would also be keeping a close eye on the latest weekly jobless claims numbers and survey results for manufacturing, including from the Institute for Supply Management.
Across the Channel, S&P Global was to release a revised reading for its euro area manufacturing sector Purchasing Managers’ Index referencing the month of November (consensus: 47.3) at 0900 GMT.
Also due out were reports for German retail sales at 0700 GMT and Eurozone unemployment at 1100 GMT.
On home shores, a final reading on S&P Global’s factory sector PMI is also due out, albeit at 0930 GMT.
Earlier, at 0700 GMT, mortgage lender Nationwide will publish its house price index corresonding to the month of November.
In Asia, overnight survey compiler Caixin was scheduled to publish its monthly factory PMI.
Thursday 01 December
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