Market news
24.09.2019, 06:58

German IFO and UK Politics amongst market movers today – Danske Bank

In view of Danske Bank analysts, today's calendar is a blend of politics and data and the German Ifo will be closely monitored. 

“Both the expectations and current situation components have been on a falling trend for the past year and we are very interested to see if it will follow the more upbeat Zew expectations from last week or reflect the weak PMIs we saw yesterday. In Sweden, the Parliamentary Committee on Finance will hold an open hearing on the current monetary policy at 09.30 CEST. In the UK, the Supreme Court is expected to rule on Prime Minister Boris Johnson's suspension of Parliament at 11.30 CEST. The Hungarian central bank (the MNB) will hold its monetary policy meeting. We expect the key rate to remain unchanged at 0.90%. As the ECB has prolonged its dovishness, Hungarian inflation continues to decelerate and business confidence has slid dramatically, we expect the MNB will be dovish again, adding pressure on the HUF in the short and mid-term.”

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location