4 Nov 2013
Flash: EUR market movers today - Danske
FXstreet.com (London) - New research from Danske Bank Markets noted the movers in the foreign exchange market effecting the Euro so far today and sighted other key economic data coming up for the week.
Key Quotes:
“The final euro area PMI is expected to be unchanged from the Flash estimate (following the release of PMIs in Italy and Spain)”.
“The euro Sentix survey, which is a measure of investor confidence, is expected to rise slightly from 6.1 in October to 6.5 in November following the strong market performance”.
“ECB's Asmussen speaks in Berlin. Any comments on the low inflation print last week and signals of potential ECB easing will be in focus”.
There is also a couple of Fed speakers scheduled for tonight (Powell and Rosengren, both voters).
“Otherwise, the key economic events this week will be Thursday's ECB meeting, where we expect the ECB to signal a rate cut in December, and US non-farm payrolls on Friday”.
Key Quotes:
“The final euro area PMI is expected to be unchanged from the Flash estimate (following the release of PMIs in Italy and Spain)”.
“The euro Sentix survey, which is a measure of investor confidence, is expected to rise slightly from 6.1 in October to 6.5 in November following the strong market performance”.
“ECB's Asmussen speaks in Berlin. Any comments on the low inflation print last week and signals of potential ECB easing will be in focus”.
There is also a couple of Fed speakers scheduled for tonight (Powell and Rosengren, both voters).
“Otherwise, the key economic events this week will be Thursday's ECB meeting, where we expect the ECB to signal a rate cut in December, and US non-farm payrolls on Friday”.