Market movers today – Danske Bank

In view of research team at Danske Bank, markets will keep a close eye on today's November Ifo figures in Germany, especially after gloomy PMI readings on Friday.

Key Quotes

“Both the current assessment and business expectations are expected to edge down further.”

“A busy day of ECB speakers as well, with Praet, C uré and Draghi due to speak. We will keep an eye on any rhetorical shifts, especially regarding euro area growth momentum, after the latest downside surprises in the data.”

“Later this week, euro area and US inflation data as well as newsflows around the upcoming meeting between Chinese President Xi Jinping and US president Trump will be a key market theme.”

GBP is expected to range trade - UOB

According to analysts at UOB, GBP is expected to range trade after it traded in a relatively calm manner last Friday within a 1.2799/1.2890 range. Ke
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EUR/USD: Market on the defensive following the erosion of the 20 day ma – Commerzbank

Karen Jones, Analyst at Commerzbank, explains that the EUR/USD eroded its 20 day ma at 1.1364 on Friday, which leaves the market on the defensive and
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