Morning Bid: The waiting game

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Morning Bid: The waiting game
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A look at the day ahead in European and global markets from Ankur Banerjee

After a string of hawkish commentary from central bank officials, investors lost their risk appetite towards the end of the week, with the U.S. dollar on the front foot and Asian stocksWorries over an economic slowdown, the direction of inflation and concerns about the pace of monetary tightening are all weighing on sentiment. And so we wait for next week, when the U.S. CPI data due on Tuesday will shed light on whether disinflation is well and truly underway.

But before that, UK GDP data for fourth quarter is due later on Friday and is expected to be flat, according to a Reuters poll. Britain's blue-chip FTSE 100

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