Brexit and US inflation amongst market movers today – Danske Bank
According to analysts at Danske Bank, for today’s session, we get a lot of important numbers in Scandi, the US and Japan and Brexit will also draw attention with today's vote at 15:30 CET on the withdrawal agreement without the political declaration.
Key Quotes
“We expect the withdrawal agreement to be voted down again and the question remains; how does the EU react to this?”
“The US PCE headline and core inflation numbers for January are due today and we expect the core print at 0.2% m/m and unchanged at 1.9% y/y, just below the Fed's 2% target.”
“In Norway, we also get labour market figures and we expect (seasonally adjusted) NAV unemployment for March to be unchanged at 2.3%. This report is more important than the LFS measure that disappointed on Wednesday. The day also brings Norwegian retail sales figures where we anticipate cautious growth of 0.3% m/m in February.”