Daily market moving news - page 14

[thenews]

Preview: UK: GDP - Barclays, SEB

[thenews]

January 2017 Eurozone economic sentiment 108.2 vs 107.7 exp

January 2017 Eurozone economic sentiment and final consumer confidence report 30 January 2017

• Prior 107.8
• Industrial sentiment 0.8 vs 0.2 exp. Prior 0.1
• Services sent 13.5 vs 12.6 exp. Prior 12.9
• Business climate 0.77 vs 0.79 prio
• Consumer confidence final -4.7 vs -4.9 exp/ Flash -4.9. Prior -5.1
• inflation exp 14.5 vs 8.8 prior. Revise to 8.7

Selling price exp 8.3 vs 4.9 prior. Revised to 5.4

That's a massive jump in inflation expectations. The sentiment data is good on its own but one of the ECB's policies is to see inflation expectations anchored. It looks like this ship has slipped its anchor, for now.

[thenews]

Preview: EMU: Unemployment, GDP, Flash HICP