– BoJ introduces a 2% inflation target and open-ended QE
– Turkish central bank likely unchanged today
– Spain to sell bills today
What to watch for today
EUR: German ZEW. Markets are looking for a rise in economic sentiment from 6.9 to 12.0, which would mark the highest print since April 2012. Meanwhile, the current level should also improve to 6.2 from 5.7. Further evidence that activity likely bottomed in Q4 adds to upside risks for the euro, in our view.
Click here to read the full report: FX Daily
Credit Suisse