Danske Daily - 31 July 2017

Published 07/31/2017, 03:48 AM

Market movers today

Focus today remains on euro area inflation following the country releases on Friday. These figures were stronger than expected and we now look for euro area headline and core HICP inflation to have remained unchanged at 1.3% and 1.1% in July, respectively. The inflation figures are not yet affected by the stronger euro as the impact will come after around six months. See more about this in Euro area research: Stronger EUR keeping inflation far from the ECBs target , 27 July 2017.

The euro area unemployment rate for June is due out and we estimate another small 0.1pp drop to 9.2%, due to the ongoing economic recovery in Europe.

There are no major data releases in the Scandi countries today.

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

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.