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German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Danish headline inflation eases in October, likely to reach 0.8 pct in 2021

Chinese economic activity continues to rebound in October, GDP likely to grow 5.5 pct in Q4 2020

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

U.S. Q3 economic growth unrevised in second estimate

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Bank Indonesia lowers interest rate by 25 bps to 3.75 pct, unlikely to cut further

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021

U.K. jobless rate rises to 4.8 pct in Q3 2020, labor market likely to deteriorate further in months ahead

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

U.K.’s headline inflation accelerates in October, likely to remain below 1 pct until Q1 2021

U.S. existing home sales rise above expectations in October

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Daily outlook for EUR: UniCredit

Monday, February 23, 2015 8:01 AM UTC

Quotes from UniCredit Research:

-The EUR-USD gains above 1,14 following the Greek deal proved short-lived, despite the positive reaction across the bond periphery ahead of the presentation by Tsipras Government of a list of reforms today.

-However, the expected improvement in the Ifo survey this morning should also provide some lift to EUR-USD as long as risk-on prevails across markets.

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Daily outlook for EUR: UniCredit

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