The ECB releases its interest rate decision today. Analysts are predicting the rate to remain unchanged at 3.75%. This could be potentially huge for GBP/EUR if it's either side of that prediction. With GBP/EUR trending sideways this could be the day of a move.
Just after eyes will turn to GBP/USD with their initial jobless claims and retail sales numbers before returning rapidly back to the Euro with the ECB press conference.
The early hours of tomorrow sees Chinese data being industrial production and retail sales numbers.
EUR: 13:15 ECB Rate Decision
US: 13:30 Initial Jobless Claims
US: 13:30 Retail Sales
EUR: 13:45 ECB Press Conference
CHN: Friday 03:00 Industrial Production
CHN: Friday 03:00 Retail Sales
As ever we look forward to looking after you and please keep an eye out for our next Insight.
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