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UK industrial production and US CPI in focus today - Rabobank

Analysts at Rabobank suggest that the release of UK industrial production and US CPI data are going to be the key economic releases for the day ahead.

Key Quotes

“Today will next see UK industrial production, and US CPI for December, which is expected -0.1% m-o-m and back below 2.0% on a headline basis, though the core measure is seen staying at 2.2%: exactly the kind of level that should have an inflation-targeting central bank doing more – if that were what it was actually targeting, especially as real weekly earnings are seen up 1.2% vs. 0.6% in November. China might release key lending data, or it might do over the weekend.”