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UK inflation and ZEW will take centre stage – Danske Bank

FXStreet (Edinburgh) - Flemming Nielsen, Senior Analyst at Danske Bank, underlines today’s important data releases in Europe.

Key Quotes

“The German ZEW index has been very weak lately, falling in August to the lowest level in almost two years. We expect a slight further decline in September on the back of a continued negative news flow”.

UK inflation is expected to decline slightly to 1.5% in August from 1.6% in July, while core inflation should remain flat at 1.8%, slightly below Bank of England's target of 2%”.

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