Market Movers ahead

Danske Bank Markets notes:

Negotiations between Greece and it creditors continue as no deal has been reached yet. We still believe the parties will come to an agreement in time. 

Euro area core inflation will be followed closely after the surprise jump in May. 

We expect the US labour market to continue to improve with a gain in employment of 230,000 in June. Focus will also be on wage inflation. 

The US manufacturing ISM should confirm our expectation of improved economic momentum following the temporary soft patch in the spring. 

In Sweden we expect no policy action at the Riksbank's monetary policy meeting, but we remain wary since they clearly attach a strong weight to the SEK strengthening. 

In Denmark the currency reserves data for June will show to what degree the Danish central bank has continued to intervene in the FX market.