UK October monthly GDP figure to be released but focus is on tomorrow's vote

Good day, everyone! Hope you all had a great weekend as we get into the new week here. There's already been decent action in Asian trading where we're seeing the dollar weaken slightly in what appears to be a follow through move after the payrolls data on Friday.

At the same time, equities are also performing rather poorly as the jump higher on Friday following the weaker-than-expected jobs data was short-lived. E-minis are also beaten down as we begin the week and that's not helping sentiment seen across Asian equities so far.

There's a couple of data points coming up in the session ahead but the main focus as we begin the week will be on tomorrow's meaningful vote in the UK parliament.

0645 GMT - Switzerland November unemployment rate

Prior release can be found here. The Swiss labour market has been tightening over the past two years and such labour market conditions are still expected to hold out as we close out the year. Low-tier data.

0700 GMT - Germany October trade balance data

Prior release can be found here. Focus on the reading here will once again be on exports data, which is expected to improve to +0.4% m/m. A minor data point.

0730 GMT - Bank of France November industry sentiment indicator

Prior reading can be found here. General gauge of industrial sentiment in the French economy. Low-tier data.

0900 GMT - SNB total sight deposits w.e. 7 December

Your weekly check of the deposits kept at the SNB by Swiss banks. This data is a proxy for FX interventions.

0930 GMT - UK October trade balance data

Prior release can be found here. Focus will be on the other readings released at the same time. This is very much a negligible release considering current market conditions.

0930 GMT - UK October manufacturing, industrial, construction output data

Prior release can be found here. An indication of factory activity in the UK economy. The release here will be fed into the monthly GDP figure so it's a minor release given the context.

0930 GMT - UK October GDP data (monthly reading)

Prior release can be found here. First look at Q4 growth readings which isn't expected to be stellar either. Expectation is for a +0.1% m/m reading for October. Nonetheless, the focus for the pound now will be on tomorrow's Brexit vote in parliament so economic releases will have a negligible impact. It's all about headline risks now so be wary.

0930 GMT - Eurozone December Sentix investor confidence reading

Prior release can be found here. General sentiment indicator of the Eurozone economy. Investor sentiment is one of those things that matters little in terms of immediate impact but it highlights confidence levels that markets/businesses have towards the economy in general and that impacts business/investment decisions. A minor release on the day though.

That's all for the session ahead. I wish you all the best of days to come and good luck with your trading!