Private DCN Private DCN - Euro

EUR: ECB interest rate decision to dominate the week ahead

By Ricky Bean January 16th, 2017

This week the new data year is really kicking off in the Eurozone. Today sees the release of the EU’s trade balance as well as Italian consumer price and French bonds data.

On Tuesday the well-respected Centre for European Economic Research in Mannheim (ZEW) will release economic sentiment data for Germany and the bloc as a whole which will be closely watched by investors.

German and Eurozone consumer price data will follow on Wednesday. The most important day for data releases in the Eurozone will be Thursday when the European Central Bank is announcing its interest rate decision – something that, were it to change (which is not expected), would almost certainly drastically affect the euro.

On Friday only German producer price information is due to be released.