From Danske Bank Markets:The focus remains on Greece ahead of the euro group meeting on Monday. We continue to see the summer crunch time as the real deadline. We forecast GDP growth in the euro area of 0.5% q/q in Q1. W…
The focus remains on Greece ahead of the euro group meeting on Monday. We continue to see the summer crunch time as the real deadline.
We forecast GDP growth in the euro area of 0.5% q/q in Q1.
We look for an increase in core retail sales in the US. A stronger pace of private consumption is key to our outlook for US growth this year.
There are unlikely to be any surprises at the upcoming MPC meeting in the UK, but look out for the new Inflation Report and minutes from the meeting.
We expect Chinese industrial production still to suggest GDP growth below 7% y/y.
We expect Swedish inflation to come in a little above the Riksbank's forecast, but this is unlikely to be sufficient to change monetary policy. Minutes from the latest Riksbank meeting are also due for release.
We expect that GDP growth in Norway slowed to 0.3% q/q in Q1 mainly due to the lower oil price, which has become visible in the economy.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
