Danske Daily - 6 December 2016
Danske Markets | Dec 06, 2016 01:55AM ET
Today, there will be an Ecofin meeting in Brussels and any comments on the political situation in Italy will be scrutinised.
Today, the third estimate for euro area GDP is due to be released. In this release, we gain information on how each GDP component has developed and we expect domestic demand to have served as the main growth driver in Q3 (see The Big Picture: Recovery, reflation and political uncertainties , 30 November).
October German factory orders are also due to be released today.
In Sweden, the Riksbank's Martin Flodén will give a speech (10:45) on the effects of the negative repo rate and how long they will last. In Norway, the most important release of the week is Norges Bank's regional network survey. We suggest tentatively that the aggregate output index edged down to 0.7 in November. See Scandi markets section on page 2.
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