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Danske Daily: US Durable Goods Takes Center Stage

Published 03/26/2014, 06:41 AM
Updated 05/14/2017, 06:45 AM

Today's data calendar is fairly light in terms of data releases, with the highlight being US durable goods orders for February. Durable goods orders declined relatively sharply in the previous two months partly due to bad weather, so we expect to see a rebound that is a bit stronger than suggested by the current consensus expectations.

The US Federal Reserve will release the final results from its two-step annual regulatory check-up of major US banks this evening. The Fed said last week that all banks but one passed the stress test and tonight the Fed presents further details and its verdict on the banks' plans for paying out dividends or making stock buybacks.

In Europe, US President Obama meets European Council President Von Rompuy and EU Commission President Barroso in connection with the EU-US summit in Brussels. Ukraine will likely be on the agenda but the summit is also expected to cover negotiations about a comprehensive trade agreement between the US and EU.

There are several data releases from Sweden today, including the NIER survey.

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