Investors waiting for the minutes of the meeting of the ECB and applications for unemployment benefits from the US
At 9:00 of Switzerland will become clear level of the trade balance, the outlook is for an increase to 1.62 billion. Francs to 1.52 billion. For the previous period, and if the data justify the possible increase of CHF.
At 9:45 of France will see data on the level of inflation in January, according to analysts it will be -0.9% to 0.1% for the previous month. Yoy expected -0.3% compared to 0.1% for the previous period. Possible increase in volatility in the CAC index and the euro after Release.
At 11:00 we expect results for the current account of the euro area, as changes from previous data 24.6 bn. Euros are not expected.
At 13:00 UK will become clear level of balance in industrial orders, which is expected to rise to 7 to 4 points for the previous reporting period. Rising pounds if the data is justified.
At 14:30 we will address the results of the minutes after the meeting of the European Central Bank – likely increase in volatility.
At 15:30 investors will focus on applications for unemployment benefits from the United States, analysts have forecast to drop to 300 000 to 304 000 for the previous period. At best data possible increase in the dollar and US indices.
At 17:00 the US expect the level of Philadelphia Fed index, which is projected to rise to 8.5 points compared to 6.3 for the previous period.
At 18:00 markets will await Release level of oil inventories in the US, at higher data previously reported 417.9 million. Barrels will probably see a new drop in the price of “black gold”