Markets: What to watch out for today – Deutsche Bank

In terms of what to watch out for today, analysts at Deutsche Bank suggest that the early focus should once again be on the UK with August retail sales data due to be released.

Key Quotes

“This afternoon in the US there’s a steady stream of largely second tier releases including the September Philly Fed PMI, weekly initial jobless claims, August leading index and August existing home sales.”

“The advanced September consumer confidence print for the euro area is also out this afternoon. Away from that we’ve got the second and final day of the informal EU leaders meeting in Salzburg, while the Bundesbank’s Weidmann and ECB’s Praet are slated to speak.”

“Finance Ministers in the euro area are also due to meet and discuss Greece, the EMU and budgets ahead of the next eurogroup meeting.”