German ZEW is expected to have risen further in January to 64.0 from 62.0 in December. This would mark the highest level since 2006.
ECB’s Nowotny is going to speak today at 10:00 CET. Nowotny can be more outspoken than his colleagues but he is also often corrected later so some caution is needed when interpreting his comments.
Otherwise a very quiet day again today. Markets are slowly warming up for next week’s Fed meeting. Wall Street Journal’s Jon Hilsenrath yesterday posted his latest take on the Fed, arguing that the Fed will likely cut bond purchases further next week. This is hardly controversial, though, as it is also very much consensus in the market
Read the full report: FX Daily
Danske Bank