Key events for day ahead – Rabobank

By FXStreet FXStreet (Guatemala) – Analysts at Rabobank offered the key events for the day ahead.

Key Quotes:

“Today we have already had some more disappointing Japanese numbers (retail sales fell 0.2% in December rather than rising 1.0% as expected). That may set a negative equity tone alongside the post-Fed reaction in Asia. Let’s also see if China has any further surprises for us.

Data-wise, we get to see UK Q4 GDP, expected 0.5% q-o-q and 1.5% y-o-y, ahead of Eurozone consumer confidence(expected to edge down slightly to 106.4). That’s followed by January German CPI. We also have two ECB members (Coene and Weidmann) speaking during the day.

In the US we have durable goods, which are always a volatile release, but where the consensus is for a weak headline reading (-0.7%) but a strong core reading (0.8% for orders shipped ex-defence and aircraft). How appropriate.”
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Source:: FX Street