Reply To: Traders Market Weekly: Inflation and the Fed


Eurozone’s Q3 GDP 0.3% qtr/qtr (expected 0.2%; last 0.2%); 2.3% yr/yr (expected 2.1%; last 4.2%). Q3 Employment Change 0.3% qtr/qtr (expected 0.2%; last 0.4%); 1.8% yr/yr (expected 1.7%; last 2.7%)
Germany’s October Industrial Production -0.1% m/m (expected -0.6%; last 1.1%)
U.K.’s November Halifax House Price Index -2.3% m/m (expected -0.2%; last -0.4%); 4.7% yr/yr (last 8.2%)
France’s October trade deficit EUR12.20 bln (expected deficit of EUR16.00 bln; last deficit of EUR17.20 bln). October Current Account deficit EUR3.80 bln (last deficit of EUR7.30 bln)
Italy’s October Retail Sales -0.4% m/m (expected -0.6%; last 0.5%); 1.3% yr/yr (last 4.0%)
Swiss November Unemployment Rate 2.0% (expected 2.1%; last 2.1%)
There is growing focus on labor strikes in the U.K. with the British press noting that a million workers are expected to go on strike in December and January.
Credit Suisse is offering higher deposit rates to win back clients.
Airbus withdrew its commercial aircraft delivery target for 2022.
Eurozone inflation expectations for the next 12 months increased to 5.4% from 5.1%, according to an ECB survey.