Euro is up against the pound this morning, as it continues an almost-ten-week rise amid Brexit uncertainty. Today is light on economic releases, but tomorrow, we will see Eurozone and German economic sentiment, both of which are expected to have dropped month-on-month. Balance of trade figures are forecast to come in relatively unchanged.
Wednesday will be a busy day, with EU construction output and inflation figures and key speech from the Bundesbank’s Weidmann. Later on this week, politics could have more of an impact, with the Canada-EU summit, and then we will see current account figures just before the weekend.
