Investing.com - Financial Markets Worldwide

UK CPI Is Expected To Decrease, Eurozone Eyes Inflation

ByDanske Markets
Published 11/12/2013, 06:18 AM
Updated 05/14/2017, 06:45 AM

UK CPI, which is one of the important indicators in Bank of England's forward guidance, will be released today and it is expected to decline from the previous level of 2.7% as the big increase in tuition fees last year drops out of the yearly change. Bank of England's November Inflation Report is due for publication tomorrow.

In the euroarea focus is on inflation. The final inflation figures in Germany and Italy are expected to confirm the drop in inflation in October.

ECB's Asmussen participates in a panel discussion about the costs and benefits of an Unorthodox Monetary Policy and he could elaborate on his previous comments about reducing reserve requirements and halting the sterilisation of the SMP.

Fed's Kocherlakota's and Lockhart's speeches tonight will be scrutinised for any comments relating to last week's stronger-than-expected employment report. Comments on the possibility that the FOMC will lower the unemployment threshold at one of the coming meetings will also be in focus.

To Read the Entire Report Please Click on the pdf File Below.

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