Tuesday
At 8:30 AM, The much-anticipated consumer price index for January is projected to show prices slowing to 6.2% year-over-year thanks to a 0.4% increase from December. Core inflation is expected to have fallen to 5.5% last month.
Wednesday
At 2:00 AM, inflation in the UK is expected to have slowed slightly to 10.2% thanks to a 0.4% drop month-over-month. At 7:00 AM, mortgage demand data from the mortgage bankers association. at 8:30 AM retail sales are expected to jump 1.6% to start the year after a 1.1% decline in December. Homebuilder confidence is expected to rise for the second month at 10:00 AM to an index of 37.
Thursday
At 8:30 AM, Housing starts are projected to fall 1.0% to 1.365M to start 20223 and building permits are projected to rise 1.0% to 1.353M. Producer prices are projected to slow significantly to 5.4% year-over-year with a 0.4%increase from December. Jobless claims are projected to rise slightly to 200k. Mortgage rates will be released from Freddie Mac at noon.e