Quotes from Danske Bank:
– We expect the focus to remain on oil price development and Russia over the coming weeks. – In the US, we estimate PCE core inflation was 1.5% y/y in November: The labour market report for December is due to be released in the first week of January. – In the euro area, we expect headline HICP for December to decline to negative territory at -0.1% y/y, while core inflation should remain unchanged at 0.7% y/y. – The third and final round of the Greek presidential election is scheduled for 29 December. – Danish FX reserves may attract some attention due to the strong krone.
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