Reply To: Traders Market Weekly: CPI and PPI Inflation

#52946
Truman
Participant

National Health Service employees in the U.K. are on their biggest strike in 75 years.
Bank of Italy Governor Visco said that inflation expectations for the short term are dropping quickly. However, several other European Central Bank policymakers spoke about the need for more rate hikes.
Bank of England policymaker Mann said that the next move from the BoE is likely to be a hike rather than a cut or a hold.
A powerful earthquake in Turkey and Syria has claimed more than 1000 lives.
Eurozone’s December Retail Sales -2.7% m/m (expected -2.5%; last 1.2%); -2.8% yr/yr (expected -2.7%; last -2.5%). February Sentix Investor Confidence -8.0 (expected -12.8; last -17.5)
Germany’s December Factory Orders 3.2% m/m (expected 2.0%; last -4.4%)
U.K.’s January Construction PMI 48.4 (expected 49.6; last 48.8)