Market movers today
In the EU, ongoing Brexit negotiations will be in focus today, where the UK's Theresa May is set to have lunch with EUs Jean-Claude Juncker.
In the US, an agreement on tax reform is moving closer, while the suspension of the US debt ceiling will expire on Friday.
In addition, the ongoing investigation on Trump may draw headlines today as well.
In Denmark, FX reserve data for November is due for release today. We do not expect Danmarks Nationalbank to have intervened in FX markets in November.
The rest of the week bring interesting data releases though with US non-farm payrolls, ISM non-manufacturing and German industrial production due. In the Scandi calendar, the Norges Bank Regional Network Report, Norwegian house price data and Swedish industrial production and orders are up for release.
This morning, we have published our semi-annual Big Picture including our updated economic outlook for the global economy (US, euro area, the UK, Japan, China and emerging markets). We think the global expansion is going to continue in coming years driven by continued strong consumer spending and a robust investment recovery. We look for inflation to stay fairly muted and central banks to withdraw stimulus only very gradually. For more details see our Big Picture: Global economy still on a roll .
To read the entire report Please click on the pdf File Below: