US inflation fall will offset poor EU data

A staircase

Once the European market closes Yellen will discuss perspectives on the American economy. Moody’s will release its revisions to FRA and UK ratings (currently Aa1).

“We expect a trading session more or less similar to yesterday’s. German confidence data will weigh negatively if they come up worse than expected, but stock markets could cautiously rise throughout the session thanks to the American macro,” analysts at Bankinter commented.

Little movement in the fixed income market to close a week of abundant debt issuances. The Eurodollar should not experience great changes since weak data from Europe will be offset by the fall of inflation in the U.S.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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