It is a busy data week, culminating with the employment report from the US on Friday. We kick things off with ISM manufacturing data at 15:00 GMT. The market expects the index to rise to 54.3 in December from 53.6 in November.
For those who took a leisurely New Years eve, the Chicago PMI was unexpectedly revised lower, from 60.0 to 58.7.
US shares are closing in recent highs at the 1130 level in the S&P, trading now at 1128.50 amid rumors that ISM will come in stronger than expected. EUR/USD has eased to 1.4425 from 1.4452 highs.
UPDATE: There is a rumor some news service has the figure and it is 65.0. Take that with a huge grain of salt…
