Market movers today – Danske Bank

Analysts at Danske Bank suggest that we are heading for a quieter week in terms of data where inflation takes centre stage after activity numbers were in the spotlight last week.

Key Quotes

“On Wednesday, inflation is due out from China, Denmark and Norway followed by inflation releases for the US and Sweden on Friday.”

“Focus this week will also turn to the scheduled meeting between North and South Korea tomorrow to see if the apparent easing of tensions can be sustained and if it can pave the way for talks between the US and North Korea. There are doubts, though, as to whether North Korea are serious about the talks.”

“Make-or-break talks on forming a German government between CDU/CSU and SPD began on Sunday and continue this week. If the exploratory talks find enough common ground, the SPD leaders will ask for a party convention on 21 January to back full-fledged negotiations.”

“Todays' batch of confidence numbers from the EU Commission is expected to show a similarly strong development. Euro area retail sales should have rebounded in November after a fairly big drop in October.”