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On the U.S. econ data front, the Commerce Department's Bureau of Economic Analysis is expected to report that the Personal Consumption Expenditures (PCE) price index likely rose 0.3% in December, following a 0.1% rise in November. Annually, the PCE price index probably rose 2.6% last month. Meanwhile, the core PCE price index is anticipated to show a 0.2% gain in December, after rising 0.1% in the month prior. In the 12 months through December, the core PCE price index is expected to have increased 2.8%. Consumer spending is expected to have increased 0.5%, compared to a 0.4% rise in November, while personal income probably inched up 0.4%, after rising 0.3% in the previous month.
Exxon Mobil is set to report its fourth-quarter and full-year results. The company has signaled sharply lower oil refining profits and weakness across all its businesses would reduce its quarterly earnings from the prior three months.
Chevron is expected to release its fourth-quarter and full-year earnings. Meanwhile, Phillips 66 is due to report a fourth-quarter loss, hurt by lower demand for refined products and lower margins. Investors and analysts will look out for comments on full-year expectations.
AbbVie is scheduled to report its fourth-quarter earnings. Investor focus is expected to be on the erosion of Humira sales and the growth of its newer immunology drugs Skyrizi and Rinvoq.
Colgate-Palmolive is expected to post a rise in fourth-quarter revenue, helped by steady demand for its products including oral care and pet nutrition. Investors will look for comments on pricing actions, demand, the impact of increasing competition and annual forecasts.
Church & Dwight is expected to post a rise in fourth-quarter revenue on strong demand for its household products, including laundry, personal care and hygiene. Investors will look out for comments on pricing strategies, cost-saving efforts and forecast updates.
Federal Reserve Board Governor Michelle Bowman is slated to speak on the economy, and perspectives on mutual and community banks before the Northern New England CEO Summit in Portsmouth, New Hampshire. (0630 ET/1130 GMT)
Charter Communications is set to report a rise in revenue in the fourth quarter, driven by strong subscriber growth.
Petrochemicals manufacturer LyondellBasell is expected to report a fall in fourth-quarter earnings compared to a year ago, hurt by a decline in euro zone business activity and the threat of further tariffs from the U.S. and the European Union on China.
Franklin Templeton is expected to report a fall in first-quarter profit as rising compensation and interest expenses weigh on investment management fees.
Fintech firm Broadridge Financial is expected to report a rise in its second-quarter profit on resilient demand in its global technology business.
Private-equity-backed oil and gas producer Infinity Natural Resources is set to list in New York, as energy companies look to tap into increasing investor appetite towards the sector.
Data from Statistics Canada is expected to show that Canada's gross domestic product likely contracted 0.1% in November, following a 0.3% expansion in October.
Canadian oil and gas producer Imperial Oil is expected to post a fall in fourth-quarter profit. Investors will look out for management's comments on U.S. President Donald Trump's pledge to impose a 25% tariff on Canadian goods and other policies.
Brazil's central bank is expected to report that the country's public sector likely registered a primary surplus of 10.200 billion reais in December, after posting a deficit of 6.620 billion reais in November. Separately, the country's statistics agency, IBGE, is expected to report unemployment rate likely increased 6.1% in December, similar to the previous month's reading. Additionally, Chile's government statistics agency, INE, is expected to report unemployment rate likely rose to 8% in December, down from 8.2% in the previous month.
(Compiled by Lactus Fernandes in Bengaluru; Edited by Vijay Kishore)
((Lactus.Fernandes@thomsonreuters.com;))
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