Danske Daily – 15 September 2017

New research from Danske Bank Market movers today Following the upward surprise in US CPI inflation yesterday, focus on the macro front today turns to US retail sales for August, which we estimate increased by 0.3%. Preliminary consumer confidence for September from the University of Michigan is also released. Like business confidence, consumer confidence is…

Danske Daily – 14 September 2017

New research from Danske Bank Market movers today In the US, CPI inflation for August will attract more attention than usual given that they will give the Fed its last impression of underlying price pressure before the FOMC meeting on 19-20 September. Out of the past five months, CPI headline has fallen in three and…

Danske Daily – 13 September 2017

New research from Danske Bank Market movers today In the euro area, the employment figure for Q2 is due for release on Wednesday. We estimate the improvement in the labour market continued in Q2, which has been indicated by strong PMI employment indicators throughout the quarter. Specifically, we expect employment growth of 0.4% q/q in…

Research Japan: Running on all engines

New research from Danske Bank Japan is showing itself to be in good shape as the economic upswing is the longest standing since the crisis. We expect growth to continue through fiscal 2017, supported by a very strong labour market, the global economic recovery and extremely accommodative economic policies. As fiscal stimulus wanes next year,…

Danske Daily – 12 September 2017

New research from Danske Bank Market movers today On a day with only tier-2 data out on the global front, focus is likely to continue to be on the situation with North Korea, where markets will digest the UN vote yesterday. Further reports on the cost of Hurricane Irma may also affect whether the boost…

Danske Daily – 11 September 2017

New research from Danske Bank Market movers today Norway is due to release inflation for August today where we look for a jump higher in core inflation to 1.5% y/y. Monday also sees parliamentary elections in Norway and it looks to be a very close race. Not only is it unclear which bloc will have…

Weekly Focus: Focus on inflation prints

New research from Danske Bank Market Movers ahead In the US , we expect inflation pressure remained muted in August. In the euro area , wage cost growth in Q2 will probably have been constrained by still broad labour market slack. We expect the Bank of England to keep the Bank Rate unchanged at 0.25%…

Danske Daily – 8 September 2017

New research from Danske BankMarket movers today With little interesting data out markets will focus on the situation in North Korea, the hurricane Irma hitting Florida and further digest the ECB meeting yesterday. North Korea is expected to launch another Interballistic Missile (ICBM) tomorrow when it celebrates its founding day. China voiced support yesterday for…

Danske Daily – 7 September 2017

New research from Danske BankMarket movers today Today’s most important event is the ECB meeting. The announcement will take place at 13:45 CET and Mario Draghi’s press conference begins at 14:30 CET. We do not expect any major announcements, as the ECB has hinted that there will be no decision on the QE programme before…