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US and Eurozone data releases for the day – Danske Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 24, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Delhi) – Research Team at Danske Bank, lists down the key economic releases for the day from Eurozone and US.

    Key Quotes

    “Q3 GDP growth in the US is estimated to have been revised up from 1.5% q/q AR to around 2.0% q/q AR as data have been better than expected since the first release, indicating that growth was not that bad in Q3 after all.”

    “German GDP components are due, which are expected to show that Q3 growth in Germany was driven by strong growth in private consumption. The data for the decomposition could still attract some attention as it will reveal the degree of weakness in exports and investments.”

    “We expect German IFO expectations to have improved slightly in November supported by signs of stabilisation in China, the weaker euro and less financial stress.”

    “The conference board consumer confidence index in the US is expected to have risen, signalling that US consumers are still optimistic.”

    “BoE members Carney, Haldane, Forbes and Vlieghe testify for the UK Treasury Committee and ECB's Mersch also speaks today. We will listen carefully to what they have to say on monetary policy.”
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