Today we have a light calendar with only few releases. The euro area peripheral countries could get some attention with Italian industrial production expected to increase after two months of decline.
Bundesbank's Weidmann speaks today and he might comment on the ECB cutting rates earlier than expected. According to sources familiar with the discussions Weidmann spoke out against a cut this month.
China's communist party continues its Third Plenary. The Chinese leadership is expected to announce comprehensive economic reforms in connection with the meeting but as it is a secretive meeting we do not expect any major news to come out until after the meeting closes tomorrow. The Chinese leadership will probably only reveal broad guidelines for reforms for the next five to 10 years, so it will probably not be a game changer in the short run. On the contrary, the lack of details could be a disappointment for financial markets.
To Read the Entire Report Please Click on the pdf File Below.
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Danske Daily: November 11, 2013
Published 11/11/2013, 04:33 AM
Updated 05/14/2017, 06:45 AM
Danske Daily: November 11, 2013
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