Monthly Archives: June 2017

Danske Daily – 30 June 2017

By | 2017-06-30

New research from Danske Bank MarketsMarket movers today Several interesting inflation figures due out today. First, the euro area will release preliminary inflation for June. Given the German, Italian and Spanish figures (and our estimate that French HICP inflation will have declined by 0.1pp) euro area inflation should be down by 0.14pp from 1.40% y/y… Read More »

Danske Daily – 29 June 2017

By | 2017-06-29

New research from Danske Bank MarketsMarket movers today Today, HICP inflation from Spain and Germany for June will be in focus. We look for Spanish inflation to have dropped to 1.4% y/y (consensus: 1.5% y/y) from 2.0% in May. In Germany, we are in line with consensus at 1.3% y/y from 1.4% in May. The… Read More »

Danske Daily – 28 June 2017

By | 2017-06-28

New research from Danske Bank MarketsMarket movers today Data on euro area credit and M3 growth are due out today. While we estimate M3 continued to show around 5% yearly growth, we believe loan growth continued its upward trend. In particular, adjusted loans to NFCs increased from 1.9% in February to 2.4% in April. We… Read More »

Danske Daily – 27 June 2017

By | 2017-06-27

New research from Danske Bank MarketsMarket movers today Today is another quiet day in terms of data releases. The Fed’s Williams (non-voter, neutral) will speak this morning and later today it is time for US consumer confidence for June. We look for a small decline in line with what we have seen in the consumer… Read More »

Danske Daily – 26 June 2017

By | 2017-06-26

New research from Danske Bank MarketsMarket movers today Today is a very quiet one in terms of data releases. In the US, we are set to receive core capex goods orders for May. The new orders component has levelled off recently, in line with the general cooling of the manufacturing sector. We estimate a slight… Read More »

Weekly Focus: Inflation pressure still missing

By | 2017-06-23

New research from Danske Bank Markets Market movers ahead Inflation readings for both the US and the euro area will be clearly below central bank targets, both on actual and core measures. European growth indicators have remained high while others have weakened, but we expect to start seeing a decline in IFO numbers this week.… Read More »

Danske Daily – 23 June 2017

By | 2017-06-23

New research from Danske Bank MarketsMarket movers today In the US, the Markit PMI manufacturing and services for June is due out. Manufacturing PMI has cooled off since it peaked at 55 in January. The current level of manufacturing PMI points to GDP growth around 1.6% and even though this does not sound impressive, we… Read More »

Danske Daily – 22 June 2017

By | 2017-06-22

New research from Danske Bank Markets Market movers today In the euro area, consumer confidence is due for release today. Consumer confidence rose from -3.6 in April to -3.3 in May, which is its highest level since 2007. We believe that consumer confidence will increase further as employment continues to be a tailwind and uncertainty… Read More »