Today we expect: CPI in France, industrial production in the Eurozone and Retail Sales in US

The eyes of investors today will be focused on the French CPI, industrial production in the Eurozone and retail sales in the US.

European session today begins with important news from France at 09:45 for the consumer price index, which is expected to increase to 0.2% compared to -0.2% for the previous period of months and 0.2% compared to 0.3% for the previous reporting period a year earlier.

12:00 will become clear level of industrial production in the euro area, and according to analysts will decrease to 0.0% compared to 0.1% for the period predhodnich meseyuna and -0.7% compared to 0.7% for the previous period on an annual basis. At the same time it will become clear and inflation in Italy, as changes are not expected, to 0.0% for annual and monthly basis. After Release is expected to increase volatility, and if forecasts justify likely see a decrease of the euro.

US session will start with a statement at 15:00 of the President of the Philadelphia Fed, Charles Plosar.

15:30 In our attention will focus on retail sales from the US, which is expected to decrease to -0.1% compared to 0.7% for the previous reporting period. In the same time will become clear and data on retail sales without automobiles, which analysts predict also decrease to 0.0% compared to 0.5% for the previous period. Again at 15:30 expect data on the level of the price index for imports, which is likely to fall to -2.9% compared to -1.5% for the last period. Possible strengthening of volatility, while better than expected data will likely see appreciation of the US dollar.

At 17:30 will be released Release oil inventories in the US, according to estimates it will report 384.2mln. barrels, which is an increase of 1.8 million. compared to the previous reporting period. If forecasts justify likely see new shortovi movements of oil.

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