12 Jan 2016
UK industrial and manufacturing production figures in the limelight today – Danske Bank
FXStreet (Delhi) - Research Team at Danske Bank, suggests that the calendar of economic data releases is relatively thin today with UK industrial and manufacturing production numbers in focus.
Key Quotes
“In the UK industrial and manufacturing production and construction output in November are due. The figures should give us more insight into how the UK performed growth-wise in Q4. We think GDP growth picked up in Q4 following the slowdown in Q3.
In the US a large number of Fed members are speaking this week. The time after the FOMC meeting in December has been quiet due to Christmas and the New Year, so not much information from the Fed members has come out yet. Remember, as the calendar now says 2016, voting rights have changed. Among the speakers today are Fischer (voter, hawkish) and Lacker (non-voter, hawkish).
Also in the euro area focus will be on monetary policy communication as ECB's Praet is set to take part in a panel discussion in Paris and as Lautenschläger has a scheduled speech in Frankfurt. Noteworthy, the two Executive Board members have previously expressed opinions in each end of the ECB board-spectrum.”
Key Quotes
“In the UK industrial and manufacturing production and construction output in November are due. The figures should give us more insight into how the UK performed growth-wise in Q4. We think GDP growth picked up in Q4 following the slowdown in Q3.
In the US a large number of Fed members are speaking this week. The time after the FOMC meeting in December has been quiet due to Christmas and the New Year, so not much information from the Fed members has come out yet. Remember, as the calendar now says 2016, voting rights have changed. Among the speakers today are Fischer (voter, hawkish) and Lacker (non-voter, hawkish).
Also in the euro area focus will be on monetary policy communication as ECB's Praet is set to take part in a panel discussion in Paris and as Lautenschläger has a scheduled speech in Frankfurt. Noteworthy, the two Executive Board members have previously expressed opinions in each end of the ECB board-spectrum.”