The euro strengthened modestly yesterday against the US dollar and euro. So far this morning that has been pared back a little.
The eurozone’s annual inflation rate (final) will be announced at 10am UK time. The preliminary estimates showed that the rate had reached double-digits in September, rising to 10% from 9.1% in August.
Germany’s producer price index will be released tomorrow. The index is expected to increase by 5.1% following a 7.9% surge in August.


