10 Aug 2015
Sentix index and Lockhart in the spotlight today – Danske Bank
FXStreet (Edinburgh) - Arne Rasmussen, Chief Analyst at Danske Bank, highlights the main releases in Europe and the US economy today.
Key Quotes
“The only release of interest in the global calendar today is Sentix investor confidence. The figure increased slightly in July and we look for a bigger increase this time due to the reduced uncertainty on the back of the Greek deal”.
“The Fed’s Lockhart is due to speak in the afternoon and again tonight. Last week he said that the Fed is nearly ready to hike interest rates. This hawkish shift in Fed rhetoric was in line with our expectation and supports our call for a September hike”.
Key Quotes
“The only release of interest in the global calendar today is Sentix investor confidence. The figure increased slightly in July and we look for a bigger increase this time due to the reduced uncertainty on the back of the Greek deal”.
“The Fed’s Lockhart is due to speak in the afternoon and again tonight. Last week he said that the Fed is nearly ready to hike interest rates. This hawkish shift in Fed rhetoric was in line with our expectation and supports our call for a September hike”.