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Analysts at BBH suggest that the US has a several economic reports on tap today, but none have the heft to change market sentiment.
Key Quotes
“January import prices were likely lifted by oil's appreciation. Excluding oil, import prices may have edged 0.1% higher. January housing starts are expected to have bounced back from the weather-induced 8.2% drop in December. University of Michigan's consumer sentiment is expected to have edged fractionally lower.”
“The long-term inflation expectations may draw more interest given the sensitivities now. In January, it stood at 2.5%, up from 2.4% in November and December, matching the 2017 low prints.”