It's time for Swedish inflation today. We look for a rise of 1.1% y/y in underlying inflation in line with consensus, see Scandi Markets.
ECB president Mario Draghi will testify in the European Parliament, a good opportunity to guide market expectations ahead of the December meeting.
Three Fed members will speak today: Lacker (voter, hawk), Evans (voter, dovish) and Dudley (voter, dovish). We expect them to reiterate the message that the Fed will raise rates in December unless data slow unexpectedly.
US initial jobless claims should stay at a low level around 275k pointing to a continued robust labour market.
We look for a soft number for euro area industrial production for October driven by the weakness in the German numbers last week. We expect the weakness to be temporary, though, as exports should improve towards the end of the year on a moderate recovery in China.
To Read the Entire Report Please Click on the pdf File Below