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5 Jan 2015
The week ahead and key events - Rabobank
FXStreet (Guatemala) - Analysts at Rabobank noted the week’s main events coming up.
Key Quotes:
“Today’s only major release is German CPI, which is expected at 0.2% MoM and the same YoY, underlining how even the strongest European economy is now teetering on the edge of at least a period of disinflation. In the US, the Fed’s Williams is also on a panel talking about housing”.
“The rest of the week is busier, with tomorrow having global services PMIs and US factory orders”.
“Wednesday sees German unemployment and the Eurozone CPI estimate (where we are likely to see the first actual deflationary print in YoY terms). We also have the Fed’s December minutes (which are either going to show that they aren’t confident enough to raise rates soon, or that they are – and arguably neither is helpful in the current global economic environment)”.
"Thursday has the monthly rate decision from the BOE, and Friday has Aussie retail sales, Chinese PPI and CPI (where more deflationary pressures will be evident), and the key US payrolls survey (where expectations are for a healthy 240K print)”.
Key Quotes:
“Today’s only major release is German CPI, which is expected at 0.2% MoM and the same YoY, underlining how even the strongest European economy is now teetering on the edge of at least a period of disinflation. In the US, the Fed’s Williams is also on a panel talking about housing”.
“The rest of the week is busier, with tomorrow having global services PMIs and US factory orders”.
“Wednesday sees German unemployment and the Eurozone CPI estimate (where we are likely to see the first actual deflationary print in YoY terms). We also have the Fed’s December minutes (which are either going to show that they aren’t confident enough to raise rates soon, or that they are – and arguably neither is helpful in the current global economic environment)”.
"Thursday has the monthly rate decision from the BOE, and Friday has Aussie retail sales, Chinese PPI and CPI (where more deflationary pressures will be evident), and the key US payrolls survey (where expectations are for a healthy 240K print)”.