Market movers for week ahead - Rabobank
Analysts at Rabobank suggest that the US Q4 GDP revision is expected to bring a modestly better number although the release of the February PCE deflator is not expected to bring any change to the subdued inflation backdrop in the US.
Key Quotes
“Comments from the Fed’s Dudley and hawk Mester could be of interest today.”
“US treasury supply will provide a diversion in the first part of the week. The Treasury will auction around $230 bln of paper over the next few days.”
“News about Brexit is likely to continue peppering the UK press. This morning it is being reported that the opposition Labour party will table amendments aimed at preventing the UK from crashing out of the EU without a deal if parliament rejects the result of the EU/UK talks. Last week, the pound reached its best levels vs. the EUR since last June on the news that the EU and UK have agreed a deal on the post Brexit transition period. Hawkish expectation regarding the BoE also lent support to the pound.”