The euro is currently benefiting from the pound’s weakness, as the markets await industrial production figures later this morning, which are expected to show a significant further drop. Philip Lane and Luis de Guindos are expected to speak this evening and the markets will be watching closely for any hints of future direction.
Tomorrow, we will see a number of key figures from Germany, with inflation expected to edge near to zero. The ECB’s economic bulletin will also be released early in the morning. Finally, on Friday, we will see GDP figures from the Eurozone, expect to come in between -3 and -4%.
