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Just a few relevant data releases this week – Danske Bank

FXStreet (Edinburgh) - Allan von Mehren remarks the most important events for the week ahead.

Key Quotes

“There will be some interesting releases later this week”.

US retail sales and consumer confidence are expected to show that the recovery in consumption is continuing albeit at a slower pace”.

Euro GDP figure for Q2 is due for release and we expect it to be 0.2% q/q driven by domestic demand”.

Chinese industrial production should show increasing growth and finally Japanese Q2 GDP figures, which should show a sharp fall due to the VAT hike”.

Denmark Trade Balance declined to 6.2B in July from previous 7B

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USD/CHF divergence prompts a correction? – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees the possibility of a pullback in the near term...
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