Activity on the European calendar is set to surge in the week ahead, with several central banks scheduled to announce interest rate decisions, including the European Central Bank.
A long list of economic reports is also in the pipeline, with investors due to receive fresh figures on Turkey’s rate of economic growth for the third quarter.
Turkish GDP slowed by around 2% in the three months to June from the prior quarter, amid a host of headwinds, including a slowdown in domestic demand.
Meanwhile, economic sentiment across the Eurozone has been mired in negative territory, with an outlook that has deteriorated even more than it has for Germany.
Elsewhere, market participants will be watching Brexit developments closely, as the UK’s House of Commons is slated to vote on Prime Minister Theresa May’s withdrawal deal with the EU.
Interactive Brokers senior market analyst Steven Levine provides some highlights for what to look for in the European region in the week beginning December 10.
Note: This material was originally published on IBKR Traders' Insight on December 7, 2018.
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