Market Movers for the Day – Danske Bank
Research Team at Danske Bank, suggests that in the euro area, we get
data for the German economic sentiment indicator ZEW expectations, which
we expect to remain at the current low level as indicated by the Sentix
investor confidence.
Key Quotes
“Despite
the additional easing from the ECB in March, investors seem worried
about the economic outlook and whether the central banks have started to
lose their power.
In the US, March figures on housing starts
and building permits are due for release. We look for the recovery of
the US housing market to continue.
In the UK, everything
continues to be driven by the upcoming EU in/out referendum. Today
Chancellor of the Exchequer, George Osborne, is questioned by the House
of Commons Treasury Committee about the cost/benefit of the EU
membership ahead of the EU in/out referendum. BoE Governor Carney speaks
at the parliament's Economic Affairs Committee.”
