18 Jan 2016
Key focus for this week - Raboabnk
FXStreet (Guatemala) - Analysts at Rabobank noted the key focus points for this week besides oil.
Key Quotes:
"News from China, and (negative?) sentiment that will drive markets today. Tomorrow has Chinese industrial production, retail sales, fixed investment, and Q4 GDP, which will be a major focus.
The rest of the week’s highlights include final Eurozone CPI for December and a rate decision in Turkey on Tuesday; NZ and US CPI, and US housing starts on Wednesday; the ECB on Thursday (where the consensus is still ‘more QE’ by June); and Friday has January PMIs around the world and US existing home sales.
It’s likely to be another volatile week. Indeed, those who bought the view that a Fed rate hike was a confidence-building measure that would see stocks rise(!) )will be gloomily humming: “And I thought I was mistaken; And I thought I heard you speak; Tell me how do I feel; Tell me now how should I feel.”
Key Quotes:
"News from China, and (negative?) sentiment that will drive markets today. Tomorrow has Chinese industrial production, retail sales, fixed investment, and Q4 GDP, which will be a major focus.
The rest of the week’s highlights include final Eurozone CPI for December and a rate decision in Turkey on Tuesday; NZ and US CPI, and US housing starts on Wednesday; the ECB on Thursday (where the consensus is still ‘more QE’ by June); and Friday has January PMIs around the world and US existing home sales.
It’s likely to be another volatile week. Indeed, those who bought the view that a Fed rate hike was a confidence-building measure that would see stocks rise(!) )will be gloomily humming: “And I thought I was mistaken; And I thought I heard you speak; Tell me how do I feel; Tell me now how should I feel.”