Research Team at Danske Bank, suggests that following a set of packed days in terms of economic data releases today’s calendar is relatively thin.
Key Quotes
“Today the ECB’s Executive Board member Benoît Coeuré speaks in Frankfurt with investors continuing to look for further hints on possible easing measures (after Draghi’s letter) as the ECB meeting on 10 March is approaching.
In the US the release of the ADP employment report may give some indications to the direction of the all important US labour market report on Friday. Also the releases of the Fed’s Beige Book and MBA Mortgage Applications will get attention.”
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