* US Treasury secretary Jacob Lew will testify at 14:30 CET before the Senate Finance Committee about the debt ceiling. The discussions is expected to include treasury contingency plans if the debt ceiling is reached and economic ramifications of a possible debt US default on federal payment obligations.
* At the Bank of England meeting we expect the current policy to be unchanged with no material statement being published. With data still pointing to an accelerating recovery in the UK and plenty of room to the unemployment threshold, the forward guidance suggests unchanged policy many months ahead.
* With the world’s central bankers gathered in the US for the IMF and World Bank annual meeting, we also have a flood of speeches in the calendar today. Among others ECB president Mario Draghi and Bank of Japan governor Haruhiko Kuroda are scheduled to speak.
* Scandi countries release CPI
Read the full report: FX Daily
Danske Bank