Market Focus
BoE and ECB will convene interest rate meetings on Thursday. Investors do not expect any changes in interest rates in both countries.
Economic data are light in this week. Euro-zone will release the unemployment rate and Q4 GDP on Tuesday and Wednesday respectively. Both data are expected to show the economy of Europe remains sluggish. In China, industrial production, retail sales and price indices are scheduled to release on Tuesday and Thursday. Economists expect these figures will continue to show stabilization in China’s economy.
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