European markets are expected to open mixed while investors await key U.S. CPI data.
its nomination of Kazuo Ueda as the new Bank of Japan governor. He is set to succeed Haruhiko Kuroda, if confirmed by the country's parliament.Britain's blue-chip FTSE 100 index will open 4 points up at 7,946, according to IG data, and Italy's MIB will also make gains, up 7 points to 27,476. France's CAC is set to slide 1 point to 7,212, while Germany's DAX looks ready to drop 23 points to 15,384.
The January data for the index, which gauges the pace of inflation through tracking changes in prices within a broad basket of items, is due at 8:30 a.m. Here's what economists polled by Dow Jones expect:So-called "core" CPI, which excludes food and energy, will be up 0.3% month-over-month and 5.5% higher than the same month one year prior.
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