What you need to know before the open – 14/01
Europe is expected lower this morning after a late sell-off in the US.
A slide in Asia saw the Nikkei fell 3.1 per cent – a one-month low – with the yen rising abruptly in trading today.
The focus is on UK inflation numbers this morning. The expectation is for CPI to stay at the four-year low of 2.1 per cent.
US Equities sold off after the Europen close so the early calls are: #FTSE down 35-40. #DAX down 60-65. Eurostoxx off 20.
— FuturesTechs (@FuturesTechs) January 14, 2014
Key events:
- France CPI for December at 7.45am. Expected at 0.3 per cent from 0.0 per cent.
- Italy CPI for December at 9.00am. Expected at 0.3 per cent from -0.3 per cent.
- UK CPI for December at 9.30 am. Expected unchanged, year-on-year, at 2.1 per cent.
- UK PPI for December at 9.30am.
- UK retail price index for December at 9.30am.
- Eurozone industrial production for November at 10.00am. Expected at 1.0 per cent from -1.1 per cent.
- US NFIB business optimism index for December at 12.30pm. Expected at 93.2 from 92.5.
- US import price index for December at 1.30pm. Expected at 0.1 per cent from -0.6 per cent.
- US export price for December at 1.30pm.
- US retail sales for December at 1.30pm. Expected at 0.4 per cent from 0.7 per cent.
- US business inventories for November at 3.00pm. Expected at 0.4 per cent from 0.7 per cent.