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Danske Daily: September, 17 2013

Published 09/17/2013, 07:19 AM
Updated 05/14/2017, 06:45 AM

Market movers today

German ZEW expectations will show a strong improvement in September according to our model, which is primarily driven by the Sentix index. The consensus expectation is for a smaller lift in sentiment.

Euro area trade data will give further insight into the strength of the euro area's "fragile" recovery.

Plenty of ECB speeches today: Nowotny in Vienna, Liikanen in Helsinki, and Praet in London and Brussels. We will listen for signals suggesting that the Governing Council could be preparing to offer a new LTRO.

US NAHB housing market index could decrease slightly. Recent indicators such as mortgage applications suggest that the sharp increase in mortgage rates is beginning to affect housing activity.

US inflation details are expected to show that core prices increased by 0.1% m/m in September and 1.8% y/y, which is still subdued.

Scandi events. No major events or key economic data today.

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