source: Deutsche Bank

"Looking ahead to today we have CPI from Spain and Germany as well as the business sentiment survey from France. The EC will also release its latest forecasts for member states and there will be attention on the forecasts for the deficit numbers, especially in Spain. We also have an Italian bills auction today. Otherwise it will be a quiet day as far as US data is concerned so all eyes will be on how the market will digest the JPM story." Jim Reid, Strategist and Colin Tan, CFA, Research Analyst at Deutsche Bank.