Plethora of economic releases today – Danske Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Research Team at Danske Bank, suggests that today we have multiple economic releases from across the globe which will keep the investors engaged.

    Key Quotes

    “Today the market will look for hints on the future path of US monetary policy when Fed's William C. Dudley (voter, dovish) and John C. Williams (neutral, non-voter) speak.

    Preliminary GDP figures for the fourth quarter for the euro area as well as Germany and Italy are due today. We estimate growth increased marginally to 0.4% q/q in the euro area compared with 0.3% q/q for the third quarter. Regionally, we expect Germany to be the strongest with a growth rate of 0.5% q/q.

    We look for clues about whether US consumption growth has slowed and keep an eye on the retail sales figures for January and the preliminary University of Michigan consumer confidence survey for February. In January, consumers stayed optimistic despite the financial turmoil and weaker economic data.”
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