There’s also an eventful week ahead for the euro. It’s stronger against the pound but weaker against the dollar this morning prior to Brexit talks this afternoon. As these talks take place before the European Council Summit on Friday, many are hoping that some kind of compromise will be reached.
At the summit, the European Union will also debate a 750-billion-euro recovery fund which calls for joint debt issuance and cash grants to poorer, coronavirus-stricken countries.
We’ll also see Balance of Trade figures for the EU today, wage data tomorrow and inflation rate on Wednesday.
