The euro is looking weak this morning due to pound and dollar strength. The EU’s vaccination progress is also weighing on the single currency, as opposition mounts to the AstraZeneca version in several EU countries.

This morning, two ECB officials have called for taking the risk of climate change into account when conducting monetary policy. The ECB are creating a team to set the central bank’s agenda on climate-related topics.

German business climate figures will be released this morning followed by a speech from ECB President Christine Lagarde. She will comment on stability, economic co-ordination and governance.

Later this week, inflation figures for the Eurozone will be released, as well as economic, consumer and industrial sentiment data.

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