Main market movers today - Danske Bank

Danske Bank’s analysts enlist the key market moving events due on the cards this Wednesday.

Key Quotes:

“In the euro area, we are due to get the final December HICP inflation figures. We do not expect any revisions but instead will look for which items have weighed on service price inflation, as this HICP component will be key for core inflation to pick up. Overall, we expect core inflation to average only 1.1% in 2018, in line with the ECB's new forecasts.

In the US, industrial production for December is released. The current trend in industrial production is decent and based on ISM Manufacturing there is room for an uptick in growth of industrial production.

A few central bank speakers including the ECB's Ewald Nowotny, the Fed's Charles Evans (non-voter, dovish) and Loretta Mester (voter, hawkish) are due to speak today.

Speech from the Riksbank's Ohlsson this afternoon; otherwise no Scandi events.”