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EUR: ECB may move euro

By Ricky Bean March 6th, 2017

This week is a fairly busy week for the Eurozone, with markets focusing on the headline data coming from the European Central Bank on Thursday.

The ECB will release the Eurozone’s interest rate data and hold a press conference to discuss the central bank’s monetary policy. The bank’s base interest rate will be watched closely due to inflation in the EU having hit the 2% target.

Today marks a slow start to the week as only French bonds data will be released later. The revised European Gross Domestic Product figures for the final quarter of 2016 are out tomorrow. Wednesday sees German industrial production data and Italian trade figures.

This week will conclude with low-impact data from France, Italy and Spain as well as German trade data.