THIS WEEK’S MARKET-MOVING EVENTS (all days local) – Economic Calendar
US consumer prices on Tuesday lead the week’s calendar, expected to remain steady on the month for the core but to slow on the year both overall and for the core. India’s CPI on Monday is expected to cool.
Tuesday will open with UK average hourly earnings (part of the labour market report) where noticeable cooling is expected. UK’s CPI will follow on Wednesday where the headline annual rate is expected to climb 2 tenths to 4.2 percent.
The first estimate for UK fourth-quarter GDP will be a Thursday highlight and is expected to come in unchanged on the quarter but rise 0.4 percent on the year. UK retail sales for the month of January will be posted on Friday and are expected to rebound from a weak November. Sizable contraction is expected for Eurozone industrial production on Wednesday.
US retail sales and industrial production are both on Thursday and both are expected to be flat (all data for January). On Friday, US consumer sentiment for February is expected to edge further higher after surging in January.