GDP data and central bank speakers amongst market movers today – Danske Bank

Research Team at Danske Bank, suggests that it is going to be a busy day ahead, with plenty of key economic data.

Key Quotes

“We have Q3 GDP growth data for Norway and Denmark, Swedish and UK CPI inflation data for October, German ZEW expectations, EU and Portuguese GDP data for Q3 and US retail sales in October.”

“In addition, there is a string of Fed speeches due as well as a speech by the ECB's Sabine Lautenschläger.”

“The data is unlikely to change the current negative sentiment in the global bond markets or the rally in the US dollar.”

Forex Today: Slight USD retreat in Asia, UK CPI, BOE hearings - Key

A slight retreat in the US dollar and treasury yields in Asia this Tuesday, prompted a brief recovery spree across all the asset classes, with the yen
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