EUR/USD presently at 1.4310 is showing no real change overnight, with Asian trade having been very narrow rangebound. The market now awaits the latest US jobs report, with the market seemingly looking for a non farm payroll number around flat.
Before that we have a fair few euro zone data releases;
07:00 GMT: German trade for November expected 12.0 bln. Current account 10.8 bln
07:45 GMT: French trade balance for November expected -3.9 bln
09:00 GMT: Italian deficit to GDP Q3
10:00 GMT: Euro zone Q3 GDP (final) expected +0.4% q/q, -4.1% y/y
10:00 GMT: Euro zone unemployment for November expected 9.9%
10:00 GMT: Italian unemployment for November
11:00 GMT: German industrial production for November expected +1.0% m/m, -7.8% y/y
European stocks looking likely to open firmer.
