Global Newsbrokers Forex Service
Today's outlook at 06:42:01
TODAY'S OUTLOOK
Thursday, January 13
After yesterday's turbulence caused by
the poor US trade data, figures today
for US retail sales should also be of
some interest after the mixed picture
painted last week by individual
retailers.
Overall sales are forecast to have
risen by 0.7 per cent in December,
while sales excluding autos are seen
rising by 0.5 per cent.
Also released in the US will be the
latest weekly jobless claims data and
figures for December import and export
prices.
In Europe, today is decision day on
interest rates. However, neither the
MPC nor the ECB is expected to
sanction any change in policy.
Figures for UK output are also
published this morning. Total
industrial production is seen rising
by 0.4 per cent, with manufacturing
output expected to be up 0.3 per cent.
Both figures fell in October.
Main index