12 Dec 2014
Focus for the week ahead in Europe – GS
FXStreet (Barcelona) - The Goldman Sachs Team shares the key events for the week ahead in Europe, anticipating the Riksbank to keep rates on hold.
Key Quotes
“Next week, we expect the Riksbank to remain on hold, emphasising its commitment to raise inflation, but to look through the supply-driven oil price decline, conditional on longer-term inflation expectations remaining anchored.”
“On the data front, we expect the December Euro area Composite PMI to fall to 50.5 on the flash estimate, and November UK CPI to edge down to +1.1%yoy. The Minutes of the BoE will also be released on Wednesday.”
Key Quotes
“Next week, we expect the Riksbank to remain on hold, emphasising its commitment to raise inflation, but to look through the supply-driven oil price decline, conditional on longer-term inflation expectations remaining anchored.”
“On the data front, we expect the December Euro area Composite PMI to fall to 50.5 on the flash estimate, and November UK CPI to edge down to +1.1%yoy. The Minutes of the BoE will also be released on Wednesday.”