ECB governing council member, Ewald Nowotny, speaks in Brussels

Not too sure why he's commenting on Germany in particular, but okay. Anyway, just be aware that the ECB next meets on 7 March and following the PMI survey data yesterday, there's nothing much to suggest them to stray away from thinking that an economic growth rebound is on the cards.

The services sector is doing well but domestic demand can only do so much in keeping the economy afloat. I would still expect markets to price in a more dovish stance or at least an on-hold stance ahead of the meeting.