Key events risks today - Westpac

Analysts at Westpac noted the near-term event risks.

Key Quotes:

"China: Dec foreign direct investment is released. While the data is volatile month to month, the ytd pace is tracking around 10%yr.

Euro Area: Dec consumer confidence is expected to confirm the preliminary read of 0.5, reflecting an upbeat household sector. Dec business surveys are also released and have been similarly positive with the business climate indicator and economic confidencearound cyclical highs.

US: Fedspeak involves Bostic on the economic outlook in Atlanta and Williams is on a panel with Blanchard and Bernanke at the Brookings Institution conference “Should the Fed Stick with the 2-Percent Inflation Target or Rethink it?”."