The Wall Street Journal-20080111-Today-s Agenda

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Today's Agenda

Full Text (110  words)

Wider Trade Gap Expected,

Partly Caused by Oil Prices

The U.S. trade deficit is forecast to have expanded to $59.75 billion in November from $57.82 billion in October, in part because of higher oil prices. Also, China announces its December trade surplus with the U.S. and the E.U.

Commerce Department, 8:30 a.m. EST.

ElBaradei in Iran for Talks;

Import-Price Index Is Due

In Tehran, U.N. atomic watchdog chief Mohamed ElBaradei will discuss Iran's nuclear ambitions on a visit coinciding with President Bush's Mideast trip.

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Import price data are expected to show cost pressures eased in December. Import-price inflation hit a 17-year high in November.

Commerce Department, 8:30 a.m. EST.