Next up, at 0500GMT we have Japanese YoY Housing Starts, a number that is not a huge focus to the market, but indicative nonetheless.

  • The previous result was -5.5%,
  • Market expectations for this month are from +16.1% to 17.0%.

At 0700GMT we begin the European day’s releases with

  • German Retail Sales, prior month at +0.3% MoM (and -0.8% YoY),
  • Market expectations are at +0.3% MoM (-1.2% YoY);

At 0745GMT we have, out of France:

  • Consumer Spending, prior at +0.4% MoM,
  • Market expects +0.2% this month;

& again out of France:

  • PPI, prior at +0.4% MoM,
  • With market expectations at +0.1%.

There is a slew of releases in the hours following, be sure to stay tuned to ForexLive.