Market movers today
A fter a few quiet days in terms of data releases, today is more interesting, not least Sweden , where Prospera inflation expectations are due at 08:00 CET, Valueguard house prices at 09:00 and the Riksbank rate decision at 09:30 (see page 2).
In the US , we estimate CPI core index rose 0.2% m/m in January, implying a fall in CPI core inflation to 1.7% y/y from 1.8%. Retail sales data is also due out today.
At 11:00, the second release of euro area Q4 GDP growth figures is due out, where will we for the first time get details of the GDP components. We expect the first estimate of 0.6% q/q growth to be confirmed.
In Denmark , we will get the GDP indicator for Q4, which we expect to show that growth rebounded to 1.0% q/q after the surprise fall of 0.5% in Q3 (see page 2).
To read the entire report Please click on the pdf File Below: