While the week will be relatively busy in terms of data releases anyway, investors will initially focus on Tuesday. This is when the European Union, Germany and a number of the other countries release their national Gross Domestic Product figures.
Germany also sees key price data information released as well as the respected ZEW (the Mannheim-based Centre for European Studies) detailing economic sentiment and current conditions data.
On Monday, Wednesday and Friday there are only low-impact figures, but Thursday sees the release of the minutes from the last European Central Bank Monetary Policy Meeting. This is likely to document further Mario Draghi’s recent statement that the ECB’s policy will stay unchanged in the short term.
However, any deviation from the expected results could cause significant volatility in euro markets.