EUR/USD sits at 1.4345, pretty much where it closed out Tuesday in North American.
The market will have noted the European Commission’s warning that half of its 16 nations have public debt approaching unsustainable levels. The plight of countries like Greece and Spain is still very much in focus and will be an ongoing negative for the euro to contend with.
For today we’ve a few euro zone data releases;
07:45 GMT: French housing starts/permits
09:00 GMT: Euro zone M3 money supply for November
09:00 GMT: Italian large company employment for October
10:00 GMT: Italian PPI for November
European stocks look likely to open very marginally easier.
