Tag Archives: Gold

Market movers today • Euro area industrial production in April is expected to surprise on the upside and provide another signal that things are getting better.

Market movers today • ECB’s Executive Board member Jörg Asmussen and Bundesbank President Jens Weidmann testify at Germany’s Federal Constitutional Court in Karlsruhe on ECB’s OMT programme today and

Market movers today • Euro area Sentix investor confidence will give a first impression of market sentiment in June.

Market movers today • The main market mover today will be the labour market report in the US. We have scaled down our forecast for non-farm payrolls from

Market movers today • We will continue to scrutinise Fed speeches for signs of an imminent scale down of Fed’s asset purchases.

Market movers today • May PMIs are the key data releases today. • Consensus expectation is for an unchanged US ISM manufacturing at 50.7 but we see potential for a slight improvement.

Market movers today • We expect only a modest uptick in euro area inflation to 1.4% in May and unchanged 1% core inflation.

Market movers today • In the euro area, the EU Commission is due to release its confidence indicators, which we expect to show some improvement in May from low levels.

Market movers today • We expect that German inflation has remained subdued in May. Core inflation is running at a very low level and

Market movers today • In terms of macro data, focus will be on US numbers today. The S&P Case-Shiller house price index is expected to continue the upward trend.