The biggest news in the month ahead is likely to come from offshore, with United States data drops including GDP, unemployment, inflation and retail sales.
Chinese inflation and PMI data is also due.
At home, local data releases include unemployment figures, housing finance numbers and the inflation read.
Corporate news will take a break over the holidays, with no earnings reports, annual general meetings or major speeches scheduled.
The Reserve Bank of Australia takes a breather over January, with no decision on interest rates expected.
On January 31, the central bank will release financial aggregates data.
Local news of interest this month includes inflation figures, unemployment numbers and the Australian Industry Group’s (AiG) indices.
On December 31, private sector credit figures will print.
On January 2, AiG will release its Performance of Manufacturing index.
On January 6, AiG will unveil its Performance of Services Index.
On January 7, the trade balance will print.
On January 8, AiG will release its Performance of Construction index and November job vacancies will be released.
On January 9, November retail sales and building approvals will be unveiled.
On January 13, November housing finance figures are out.
On January 15, new motor vehicle sales for December and lending finance figures for November will print.
On January 16, the December unemployment rate and ANZ job advertisements for the same month will be released.
On January 20, the TD Securities Inflation gauge for December will be unveiled.
On January 22, December quarter inflation figures are out.
On January 30, international trade price indexes for December will be released.
On January 31, the December RP Data/Rismark House Price Index, private sector credit figures and producer price indexes will print.
January is likely to be a quiet month in corporate news.
On December 23, Sydney Airport goes ex-dividend, while Singapore Telecommunications has its record date.
On December 31, Sydney Airport has its record date.
On January 6, Merlin Diamonds will hold an extraordinary general meeting.
The United States and China won’t be taking much of a break over January, with plenty of regular data releases expected.
On December 24, in the US, personal income and personal spending data for November will be released, with Bloomberg tipping lifts of 0.5 per cent and 0.4 per cent respectively.
On December 25, MBA mortgage applications data will be unveiled.
Durable goods orders for November will print, with economists tipping a 1.1 per cent lift, and new home sales data is expected to show a 0.3 per cent fall for November.
On December 27, initial jobless claims and the Bloomberg consumer comfort survey are expected.
On December 28, in China, the November leading index is due.
On December 31, in the US, November pending home sales and Dallas Fed manufacturing activity will be released.
On January 1, the December consumer confidence index is expected.
In China, December manufacturing PMI is due out, with Bloomberg expecting a slight decrease to 51.1.
On January 2, China’s HSBC/Markit manufacturing PMI is expected, with Bloomberg tipping a slight dip to 50.5 for December.
On January 3, in the US, initial jobless claims, the Bloomberg consumer comfort survey, the December ISM manufacturing survey and November construction spending data will be unveiled.
In China, December non-manufacturing PMI will be released.
On January 4, in the US, vehicle sales data will print.
On January 6, in China, HSBC/Markit services PMI for December is expected.
On January 7, in the US, the ISM non-manufacturing composite for December and November factory orders data will be released.
On January 8, the November trade balance is expected.
In China, the December trade balance will print.
On January 9, in the US, the US Federal Reserve will release the minutes from its December meeting, while MBA mortgage applications data and November consumer credit data will be unveiled.
In China, December consumer price index and producer price index data is expected.