– Thailand’s trade deficit widened, Singapore IP surprised weak
– Eurogroup meets again on Greece
– Focus on Q3 GDP releases this week
What to watch for today
EUR: One more summit. The Eurogroup meeting today will once again focus on Greece and on debt sustainability. Last week’s failure to reach a deal underscores the challenges faced by the group, suggesting that a “bridge” solution might be endorsed, in order to cover Greece’s funding needs into yearend. A successful outcome, which would clear the way for Greece’s debt disbursement into year-end, would be supportive for risk appetite and for the euro.
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Credit Suisse