Market movers today
* The final euro area PMI is expected to be unchanged from the Flash estimate (following the release of PMIs in Italy and Spain).
* The euro Sentix survey, which is a measure of investor confidence, is expected to rise slightly from 6.1 in October to 6.5 in November following the strong market performance.
* ECB’s Asmussen speaks in Berlin. Any comments on the low inflation print last week and signals of potential ECB easing will be in focus.
* There is also a couple of Fed speakers scheduled for tonight (Powell and Rosengren, both voters).
* In Denmark, the central bank will announce whether it intervened in the FX market during October as currency reserve data are published.
* Otherwise, the key economic events this week will be Thursday’s ECB meeting, where we expect the ECB to signal a rate cut in December, and US non-farm payrolls on Friday.
Read the full report: FX Daily
Danske Bank