Market movers today – Danske Bank

Analysts at Danske Bank point out that it is time for inflation in Norway and Denmark for December and they are looking for Norwegian core CPI to increase from 1.0% y/y to 1.2% y/y (in line with consensus).

Key Quotes

“Danish inflation is expected to be flat at 1.3% y/y.”

“In Sweden, Riksbank minutes are due as well as industrial data on both orders and production for November.”

“On the global front, UK industrial production and US import prices are not likely to move the markets. The Fed's Evans (non-voter, dovish) is due to speak this afternoon at 15:00 CET on the economic and policy outlook (includes Q&A).”

“After the large drop in US crude stocks seen in the API inventory report yesterday, the oil market will focus on the EIA's inventory report today.”