This week will be packed with breaking economic news and reports on the world economic activity.
Manufacturing PMI and Services PMI data will be in focus on Tuesday. A level above 50 will indicate expansion while a value higher than expected will benefit the EUR as well as the domestic economy.
Elsewhere, on Wednesday, investors will keep an eye on the first estimate of U.K. third-quarter GDP for further hints on the health of the economy and the likelihood of the Bank of England raising interest rates this year.
A monetary policy announcement from the Bank of Canada will also be on the agenda on Wednesday.
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