Danske Bank Markets:Negotiations between Greece and three creditor countries progress slowly but deadline for avoiding default now appears to be extended until mid-June. We expect no new signals on policy in connection w…
Negotiations between Greece and three creditor countries progress slowly but deadline for avoiding default now appears to be extended until mid-June.
We expect no new signals on policy in connection with the ECB meeting. Focus will be on ECB's plans to frontload bond purchases to avoid a seasonal squeeze.
In the euro area we expect inflation to have increased to 0.1% y/y in May but there are upside risks after Italy and Spain have reported higher-than-expected inflation.
In the US we expect non-farm payrolls to have increased 220,000 in May. In our view this is still strong enough to pave the way for a Fed-hike in September.
In Denmark the foreign reserve data for May will show to what degree the Danish central bank has continued its purchases of DKK in May.
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…
