US
The US is still seeing disturbing news on the Covid front and the economy is starting to show further signs of weakness from the third coronavirus wave. Too many parts of the country are low on ICU beds and concerns are that the slow vaccine rollout will mean lockdown efforts may intensify in the coming weeks.
The Markit flash PMI readings are expected to show softness in both the manufacturing and service sectors. Initial jobless claims are clearly trending higher and could top a million this week. The housing market will remain the bright spot of the economy but both housing starts and existing home sales will show some seasonality weakness.