ECB minutes amongst market movers today – Danske Bank

Today at 13:30 CET in the euro area, the ECB minutes from the June meeting are due out, when the ECB changed its forward guidance on policy rates and will be keenly watched by investors, according to the research team at Danske Bank.

Key Quotes

“These accounts have sometimes contained some interesting information but this time it is likely to be a bit outdated due to Mario Draghi's recent speeches. Jens Weidmann and Ewald Nowotny are due to discuss the future of the euro later in the afternoon.”

“In Germany, we estimate that factory orders rose 1.7% in May, slightly below consensus of 1.9%.”