Danske Daily - 20 November 2015

Published 11/20/2015, 06:46 AM
Updated 05/14/2017, 06:45 AM


There have been several ECB and Fed speeches this week and today is no different. We continue to listen carefully to what the ECB and FOMC members have to say. Most important is the speech from ECB President Mario Draghi at 09:00 CET.

An otherwise quiet day today. We expect consumer confidence in the euro area to continue its falling trend as the boost from the lower oil price has been factored in. Note that although consumer confidence has been trending downwards since March 2015, the indicator is still the highest it has been for several years.

The Netherlands and Greece are up for review by the rating agencies.

Danish consumer confidence is expected to be more or less unchanged, see Scandi Markets.

To Read the Entire Report Please Click on the pdf File Below

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