Danske Daily – 14 November 2017

New research from Danske BankMarket movers today Today, we have a busy data calendar in the euro area with German November ZEW expectations, euro area industrial production for September and the German GDP estimate for Q3, where we estimate another solid GDP figure with 0.6% q/q growth, as PMIs remained at a high level. Note…

Danske Daily – 13 November 2017

New research from Danske BankMarket movers today We are heading for another relatively quiet week, with no major market movers in the US or Europe today. The ECB’s Vitor Constancio is due to speak in Frankfurt today and markets will watch out for any hints that he is mirroring Benoît CSuré’s message from last week…

Weekly Focus: Global activity indicators in focus

New research from Danske Bank Market Movers ahead We are heading for another relatively quiet week, with no major movers in the US or Europe. In the US, we expect inflation pressure to have remained muted in October with the headline CPI inflation rate falling to 1.9% y/y from 2.2% in September, while the core…

Danske Daily – 10 November 2017

New research from Danske BankMarket movers today It is time for inflation in Norway today. Core inflation has surprised on the downside in recent months, due largely to unexpectedly low food prices on the back of fierce competition between supermarkets. The depreciation in the NOK last winter is beginning to have an impact on import…

Danske Daily – 9 November 2017

New research from Danske BankMarket movers today It’s another quiet day on the data front with no Tier-1 data. The main data releases are UK industrial production, the NIESR UK GDP estimate and US jobless claims. The European Commission is due to publish new economic forecasts at 11:00 CET. The ECB’s Villeroy is due to…

Danske Daily – 8 November 2017

New research from Danske BankMarket movers today There are very few potential market movers on the global front today. The Reserve Bank of New Zealand is widely expected to keep the official cash target rate unchanged at 1.75% at today’s meeting. Oil prices are on the rise on supply concerns and this afternoon we will…

Danske Daily – 7 Novmeber 2017

New research from Danske BankMarket movers today Euro-area retail sales are expected to rebound in September after a 0.5% drop in August – consumer confidence is at the highest level in 20 years pointing to continued robust consumption. Chinese FX reserves are due today but no time of the release has been announced. The reserves…

Danske Daily – 6 November 2017

New research from Danske BankMarket movers today We have no global tier-1 data set for release today. The euro area is due to release Sentix confidence, where we look for a small rise from an already high level. Some central bank speakers will be out though. Tonight, the Fed’s Vice Chairman Bill Dudley (voter, neutral)…

Weekly Focus: Low volatility in markets – and in the global economy

New research from Danske Bank Market Movers ahead We are heading for a very quiet week with no big movers in the US or Europe. In the UK, Brexit negotiations will continue on Thursday. China is due to release inflation and FX reserves data. We look for PPI inflation to stay high for now at…

Danske Daily – 3 November 2017

New research from Danske BankMarket movers today In the US, the labour market report for October is due out. We estimate employment growth in October was 300,000, as other indicators have shown the labour market has recovered following the hurricanes. Note the very strong wage growth of 0.5% m/m in September was due partly to…