Rejection Of Brexit Deal And ECB Ends QE Programme

Published 12/07/2018, 04:12 AM

Market Movers ahead

We expect the ECB to officially end the QE programme when it meets next week.

Flash PMIs for the US, Japan and euro area are due for release next week. In particular, the euro area PMIs are interesting given the negative momentum in Europe right now.

In the US , CPI inflation and retail sales data for November are due. Fed's blackout period starts ahead of the FOMC meeting in the week after next.

In the UK , the vote in the House of Commons on Theresa May's Brexit deal takes place on Tuesday. More than 400 MPs have said they will vote against the deal.

In Denmark and Sweden , inflation data for November are due out next week.

In Norway , we expect Norges Bank to stay on hold on Thursday but we expect the bank to confirm its plans to tighten monetary policy further in March.

To read the entire report Please click on the pdf File Below..

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