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German ZEW and US confidence gauge in the spotlight today – Danske Bank

FXStreet (Edinburgh) - According to Pernille Nielsen, Chief Analyst at Danske Bank, just a couple of data releases will grab investors’ attention today.

Key Quotes

“We have a relatively light data calendar today”.

“In Europe the most interesting release is the German ZEW business sentiment indicator for August”.

“We expect both current conditions and the expectations component to have declined further, underscoring that the German export engine has lost some steam recently”.

“In the US the Small Business Confidence for July also deserves some attention”.

“Although it declined slightly in June, it remains strong with more and more companies reporting that they intend to increase prices and have difficulties filling vacancies”.

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