The ECB released the minutes of their December meeting at the end of last week, which revealed that there is still concern over the strength of the euro. A strong euro could hurt Europe’s economic recovery, so officials continue to keep an eye on this. The ECB’s President, Christine Lagarde, will speak later today.
The ECB will announce their decision on interest rate this Thursday, which is expected to be kept on hold at 0.00%. Comments from officials should reveal expectations for the European economy going forward.
PMI data and consumer confidence data will also be released for Europe this week.
