What you need to know before the open – 17/12
A string of inflation numbers today will provide the main focus for markets, with UK data for November expected to remain at multi month lows – 2.2 per cent on an annualised basis.
The US consumer price index could well rise on an annualised basis, which may prove telling, given the current uncertainty around tapering.
The Nikkei share average rose in Tuesday trading, thanks to strong manufacturing data from the US yesterday.
ETX Capital #morningcall: FTSE100 down 5 points, the DAX up 5 points and the CAC40 down 7 points
— ETX Capital (@ETXCapital) December 17, 2013
Key events:
- UK consumer price index for November at 9.30am. Expected at 0.2 per cent from 0.1 per cent.
- UK producer price index for November at 9.30am.
- UK retail price index for November at 9.30am. Expected at 0.1 per cent from 0.0 per cent.
- EU consumer price index for November at 10.00am. Expected unchanged at -0.1 per cent.
- EU Zew survey – economic sentiment for December at 10.00am.
- German Zew survey – economic sentiment for December at 10.00am. Expected at 55.0 from 54.6.
- UK CBI industrial trends survey – orders for December at 11.00am.
- US consumer price index for November at 1.30pm. Expected at 1.3 per cent from 1.0 per cent.
- US NAHB housing market index in December at 3.00pm. Expected at 55 from 54.