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US: December PCE core and deflator data in focus today – Deutsche Bank

Analysts at Deutsche Bank point out that the kicking the week off the big focus today should be in the US with the December PCE core and deflator data due, alongside the personal income and spending data.

Key Quotes

“Also due to be released is the Dallas Fed manufacturing activity index for January while late in the evening we’ll get the December jobless and retail sales data in Japan. Away from this, China’s NPC Standing Committee is due to kick off a two-day meeting in Beijing in which it’s expected that a revision to the constitution will be discussed. Elsewhere, the sixth round of NAFA talks are expected to conclude in Montreal and the ECB’s Coeure and Lautenschlaeger will also speak.”

US: Official communication only fanned the confusion - BBH

Many investors are confused, and the official communication only fanned the confusion as the US did not suddenly become protectionist, according to an
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GBP/JPY breaks below 153.00 handle, near two-week lows

The GBP/JPY cross faced rejection near the 154.00 handle and has now slipped below the 153.00 handle to near two-week lows.  The cross extended last
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