Main market movers today - Danske Bank

Danske Bank’s analysts highlight the key market moving events/releases scheduled on Thursday. 

Key quotes:

“With no major euro area data releases on the calendar, today's highlight will be speeches by Bundesbank President Jens Weidmann and ECB's Benoit Coeuré at a conference on economic policy debates in Germany. With recent ECB attempts to talk down the EUR over the last days markets will look out for any hints regarding future ECB monetary policy.”

“In the US, the Philly Fed index for January is released. Consensus is for a decline to 24.0, in line with the observed drop in the earlier released Empire manufacturing index, but despite a possible moderation the index remains at a high level.”