Heading into Europe & the US

7 December 2015, 07:09
sathish kumar
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Nothing of relevance to be reported on the EUR calendar today except for the German industrial production and Eurozone Sentix investor confidence data.

Germany will report the results of industrial production in October, with 0.7% growth seen month-on-month, compared to the 1.1% decline registered in September, and a 0.6% advance year-on-year, after 0.2% growth seen a month ago.

Besides, ECB Vice President Vitor Constâncio will deliver opening remarks at the ECB Workshop, "Money markets and central bank balance sheets" in Frankfurt, Germany.

Later in the North American session, BOE Governor Carney’s testimony before the European Parliament Committee on Economic and Monetary Affairs, in Brussels, will be closely monitored for fresh cues on the BOE interest rates outlook.

Data-wise, the labor market conditions index will fill in an otherwise dry US calendar.
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