Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Monday throws up a very quiet schedule with the only data release worth noting being the publication of Norwegian inflation figures at 0700BST.
Norwegian inflation seen unchanged
Annual inflation slowed to 3.1% in March, down from 3.3% seen in February, while the CPI-ATE registered at 2.7%. Clothing and footwear prices saw the largest year-on-year decline in March, followed by alcoholic beverages and tobacco. On the other hand, furniture and household equipment recorded the biggest increase, along with housing water and electricity. In April markets are looking for an unchanged reading of the consumer price index at 3.1%. The Norges Bank noted in their Monetary Policy Report 1/21 that they expect underlying inflation to slow to 2.0% in the coming months, due to a decrease in both imported and domestic inflation.
The only event scheduled on Monday is Chicago Fed's Charles Evans participating in a fireside chat.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.