Danske Daily - 12 June 2018

Published 06/12/2018, 01:49 AM
EUR/GBP
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Market movers today

While markets are digesting the Trump-Kim summit, we also have a lot of other stuff on the agenda today. In Norway , we will get the Regional Network Survey (see the Scandi section).

In the US , we expect CPI core to rise 0.2% m/m (in line with consensus), implying an increase in the inflation rate to 2.2% y/y from 2.1% in April. The NFIB small business optimism index in May is also due out today.

In the UK , focus is on the House of Lords' amendments to the EU withdrawal bill, which returns to the House of Commons today (two-day debate). Focus will be on whether Conservative rebels will go against PM Theresa May and vote for a softer Brexit. The jobs report for April is also due out at 10:30 CEST. It might be a volatile day for EUR/GBP.

In Germany , ZEW expectations for June are due out today .

To read the entire report Please click on the pdf File Below:

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