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Analysts are expecting an annualised growth rate of 2.2%.
If this number comes in it will justify the fairly aggressive rate cuts we've seen from the ECB.
This paves the way for a some big hitting interest rate decisions tomorrow, then further inflation numbers.
So it's a busy start to the week.
The Peoples Bank of China are expected to nick a bit of their base rate from 3.1% to 3%, and the Reserve Bank of Australia is expected to do similar from 4.1% to 3.85%.
Then it's Canadian inflation where the annual growth rate is expected to have slipped past the magic 2% to 1.6%.
However it's the UK inflation number at breakfast on Wednesday that will have traders on their toes.
Economists are predicting the UK annualised inflation number will have gone up from 2.6% to 3.3% which is essentially going in the wrong direction.
A revision to energy prices will be cited.
This could be why two members of the Monetary Policy Committee voted for a 50 point cut last time around, but got a 0.25% cut instead.
All in all expect some global turbulence in exchange rates this week.
Business news centres on the new mega factories being opened in the US where the President is trying to highlight overseas investment into manufacturing in America.
EUR: 10:00 Inflation Report
CHN: Tuesday 02:15 PBoC Interest Rate Decision
AUS: Tuesday 05:30 RBA Interest Rate Decision
CAN: Tuesday 13:30 Inflation Report
UK: Wednesday 07:00 Inflation Report
As ever we look forward to keeping you in the loop and look out for our next update.
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