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23 Feb 2015
Key data in the week ahead – BAML
FXStreet (Barcelona) - The BofA-Merrill Lynch Team previews the key data to be released in the week ahead.
Key Quotes
“In the US, we look for 4Q14 GDP growth to be revised down to 2.0% q/q from 2.6% q/q. Much of the downward revision will be from less inventory build and a wider trade deficit.”
“We also look for a -0.8% y/y reading for US CPI in January."
“In the UK, the focus is on 4Q14 GDP. We expect the figures to be revised up to 0.6% q/q and 2.8% higher y/y for Q4 of last year.”
“In Sweden, the Riksbank publishes minutes on Wednesday, after a surprise cut into negative territory and the initiation of a Quantitative Easing programme.”
“In Japan, focus is on industrial production, which we expect to grow by 3.3% m/m in January. There also is CPI BoJ-style, expected at 2.4% y/y for January.”
“In Australia, we expect 0.7% qoq growth in 4Q, as space capacity in the labour market remains high."
“In Canada, headline CPI likely decelerated to 0.8% yoy, with core holding steady, at 2.2%. Focus will be on Poloz's speech a week ahead of the BoC meeting.”
Key Quotes
“In the US, we look for 4Q14 GDP growth to be revised down to 2.0% q/q from 2.6% q/q. Much of the downward revision will be from less inventory build and a wider trade deficit.”
“We also look for a -0.8% y/y reading for US CPI in January."
“In the UK, the focus is on 4Q14 GDP. We expect the figures to be revised up to 0.6% q/q and 2.8% higher y/y for Q4 of last year.”
“In Sweden, the Riksbank publishes minutes on Wednesday, after a surprise cut into negative territory and the initiation of a Quantitative Easing programme.”
“In Japan, focus is on industrial production, which we expect to grow by 3.3% m/m in January. There also is CPI BoJ-style, expected at 2.4% y/y for January.”
“In Australia, we expect 0.7% qoq growth in 4Q, as space capacity in the labour market remains high."
“In Canada, headline CPI likely decelerated to 0.8% yoy, with core holding steady, at 2.2%. Focus will be on Poloz's speech a week ahead of the BoC meeting.”