What awaits us in today

All day Eurozone: Meeting of EU finance ministers. ECOFIN meeting is usually held in Brussels with the participation of finance ministers of the EU member states. The Council coordinates the economic policies of the 28 member states and their initiatives and decisions that can have a widespread impact on the economic health of the eurozone.

11:30 UK: Production in the construction sector. The index measures the monthly production in construction in the private and public sectors. Expectations are for growth of 0.5%. Possible increases in the British pound upon confirmation of forecasts.
11:30 UK: Inflation expectations of consumers. This is a quarterly survey of inflation attitudes conducted by GfK NOP. The data can cause higher volatility in GBP, once published.

15:30 US: PPI m / m. Economists forecast prices I'll be with a decline of -0.1%. Data can have a negative impact on the USD if confirmed expectations
15:30 USA: Basic PPI m / m. Since it is more limited in scope, can not be used to predict future inflation. data are expected growth of 0.1%.

17:00 US: Michigan consumer confidence index - preliminary. Forecasts are for the values ​​of 92.0 percentage points, possibly higher volatility of the US dollar during the release notes.

E.Dimitrov- JrTrader