Analysts at Danske Bank suggest that the main event today will be the UK Prime Minister Theresa May's speech on Brexit.
“Details from the speech were leaked yesterday, indicating a 'hard Brexit'. This will continue to add pressure on GBP vis-à-vis the other major currencies. Furthermore, UK inflation data is also due to be released today and should show a continued rise in inflation.”
“In addition to the events in the UK market, Germany is due to publish the ZEW indication, where we expect a solid rise in the indicator. Finally, we have a speech by the Fed's William C. Dudle and the Empire manufacturing PMI is due out.”
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