Market movers today – Danske Bank
Analysts at Danske Bank suggest that it is a fairly quiet week on the economic release front, with minutes from the latest Fed (Wednesday) and ECB meeting (Thursday) in focus together with the preliminary PMIs for the Eurozone and US on Thursday and Friday, respectively.
“This also means that today, October exports in Japan are the only real important data release. Exports came out strong in Q3 and are still the main growth driver in Japan. As long as domestic demand refuses to pick up, exports are key to maintaining the economic upturn.”
“In addition, ECB board members, Sabine Lautenschlaeger and Mario Draghi, are due to speak in the afternoon but we do not expect any significant new signals.”