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According to Danske Bank analysts UK retail sales for October could get a boost from Brexit stockpiling.

Key Quotes

“In March, hoarding ahead of the original Brexit date similarly contributed to a surge in sales, though the impact will probably not be as pronounced this time.”

“A range of ECB (Chief Economist Lane and Vice President De Guindos) and FOMC speakers (Clarida, Evans, Powell, Williams and Bullard – all voters) will also be scrutinized for any new monetary policy hints, as markets continue to scale back their rate cut expectations.”

“In Scandinavia, markets will keep an eye on the Swedish labour market data for October and the Danish Q3 GDP indicator.”