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Will France's Industrial Production Show A Modest Decline?

Published 09/10/2014, 03:21 AM
Updated 05/14/2017, 06:45 AM

Market movers today

With a very light data calendar again today, focus will be on the sustainability of the ceasefire in eastern Ukraine and polls on the Scottish independence vote in the UK.

In the euro area, France will report industrial production for July. We expect a slight decline in July, largely reflecting a payback on solid industrial production in June. However, markedly stronger-than-expected industrial production in Germany in July suggests there could be some upside risk to French industrial production.

A number of central bankers will be speaking. ECB's Ewald Nowotny and Yves Mersch will be speaking at 13:45 CET and 17:00 CET, respectively. Bank of England Governor Mark Carney and Deputy Governor Nemat Shafik will give evidence on the August inflation report to the Treasury Select Committee at 15:45 CET.

In Scandinavia, it is all about inflation today with actual data from Denmark and Norway and the Prospera survey in Sweden.

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

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