Back

G20 to take the Centre stage – Danske Bank

Research Team at Danske Bank, suggests that the main event this week is the G20 meeting in Shanghai.

Key Quotes

“We expect a string of US economic data releases during the week and we kick off with the Manufacturing PMI today.

There is also plenty of data from the eurozone and we start the week with eurozone PMI as well as German and French PMI and Italian inflation data.

The next Irish general election will take place on Friday. The coalition government continues to slide in the polls and is likely to lose its absolute majority.

Minutes from the Riksbank meeting on 10 February and Danish retail sales are due today, see Scandi Markets.”

EUR/GBP rises above 0.78 as GBP selling gathers pace

Offered tone around Sterling gathered pace ahead of European opening bell, pushing the EUR/GBP cross to a high of 0.7819 levels.
Read more Previous

EUR/USD forecast: attention to PMIs – Commerzbank and UOB

EUR/USD has come under further downside pressure at the beginning of the week, opening the door to a potential visit to the mid-1.1000s ahead of PMIs...
Read more Next