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The day ahead and key events– Rabobank

FXStreet (Barcelona) - Analysts at Rabobank noted key events in London and US markets.

Key Quotes:

“Today has the BOE minutes from its October meeting. These will be pared over carefully as the Bank appeared determined to ignore exceptionally strong data earlier in the year; then flip-flopped and sounded hawkish just as CPI was turning south; and the BOE’s chief economist last week sung from the dovish “where is all the wage growth?” hymn sheet. So what is the Bank’s thinking now?”

“In the US we see CPI, which is expected flat MoM and to edge down from 1.7% to 1.6% YoY, and remain at 1.7% on a core basis – not a reading to concern the Fed on the inflation front given the recent plunge in energy prices”.
“Apart from that we have the BOE’s Bailey and Weale and the ECB’s Linde all speaking – will they put pay to recent rumours?”

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