Daily Economic Outlook: 17 November, 2015

Today markets' attention would be on U.S. core rate, which is following an upward trend since beginning of the year. The core CPI is expected to post 1.9% y/y growth, and the headline CPI data is likely to inch up by 0.1%, estimates Lloyds Bank.

UK October headline CPI data is also scheduled to release today. The headline CPI reading is expected to narrow down by -0.1% y/y, and annual core rate of inflation rate is likely to slip down to 0.9% in October from 1.0% in September, added Lloyds Bank.

Preliminary euro area Q3 GDP figure released last week contracted by 0.3%. Today's November ZEW release will show the performance on the Q4 outlook.