Analysts at TD Securities suggest that the release of UK manufacturing PMI and Eurozone CPI data are going to be the key economic releases for today’s session.
Key Quotes
“UK: We see downside risks to the January Manufacturing PMI, with a forecast of 53.0 (mkt: 53.5). Spillovers from weak manufacturing activity in the rest of Europe and continued Brexit uncertainty are likely to be key factors in the decline.”
“Eurozone: January CPI is released, and we expect headline inflation to slip to 1.4% y/y (mkt: 1.4%) while core inflation remains stable at 1.0% y/y (mkt: 1.0%). Final readings for January Eurozone PMIs are also released.”
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