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Focus On Release Of UK Construction PMI For November

Published 12/02/2014, 02:57 AM
Updated 05/14/2017, 06:45 AM

Market movers today

In Europe the only notable releases are Construction PMI for November in the UK and producer prices for October in the euro area. In the US auto sales for November will be released this evening, the first indication of the strength of private consumption in November.

German and French finance ministers and central bank chiefs will meet today in Berlin and they are scheduled to brief the press together after the meeting at 16:30 CET.

We also have a number of Fed speeches in the calendar today. Fed chairwoman Janet Yellen (voter, dove) is scheduled to speak at 14:30 CET but it will only be a brief opening remark and probably not a lot about monetary policy. Fed vice-chairman Stanley Fischer (voter, neutral) and Fed governor Lael Brainard (voter, dove) will also be speaking today at 14:10 CET and 18:00 CET, respectively.

In Denmark November's currency reserve numbers will be published, cf. below.

To Read the Entire Report Please Click on the pdf File Below

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