Another day with few releases of interest on the global scene. French industrialproduction is expected to rise moderately by 0.2% m/m in February underlining aslow French recovery. Italian industrial production is expected to decline 0.5%m/m in February following a rise of 1.0% m/m in January.
The Bank of England meeting will likely be a non-event. There will most likely beno changes to policy and not even a statement to chew on.
US initial jobless claims will give further input to how the US is recovering in Q2.The trend has been fairly positive over the past month, as claims have gone lowerfollowing the increase in the first months of 2014. Consensus is for a decline to 320kfrom 326k last week.
The ECB publishes its monthly report today. Furthermore, chief economist andexecutive board member Peter Praet speaks in Washington.
Greece is expected to come to the market today, launching its first sovereign bondissue in almost four years. The pricing will be closely followed.
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Danske Bank