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Its another full data session Wednesday, although most US releases are only second tier data sets. However, the US will get a look at the minutes of the Fed's last FOMC policy meeting. The European calendar gets underway at 09:00 GMT, with the publication of the Italian January final inflation data and the German February Ifo survey. The main UK data releases comes at 09:30 GMT, with the publication of the revised Q4 GDP data and the December Index of Services.

 

In its preliminary estimate last month, fourth quarter GDP growth was placed at 0.6% quarter on quarter, equal to that of Q3 and Q2 and above the Q1 outturn of 0.3%. Back on the Continent, the final euro area January inflation data will be published. At 11:00 GMT, BOE Deputy Governor Jon Cunliffe will deliver a speech in London. Shortly after, Deputy Governor Minouche Shafik will take place in a Twitter Q&A session. At midday, Prime Minister Theresa May will take questions at the weekly PMQs session. Across the Atlantic, the US calendar also gets underway at 12:00 GMT, with the publication of the MBA weekly applications index.

The is a raft of data set for release across the eurozone Tuesday, with the flash Markit PMI data to be the early highlight. At 07:45 GMT, the French final January inflation data will be released. The euro area flash PMIs start from 08:00 GMT, with

Its a quiet data day Monday, with limited releases schedules in Europe and nothing on the calendar for the US due to the President's Day holiday. The European calendar gets underway at 07:00 GMT, with the publication of the German January producer price data.

Its a quiet end to the week, although there is enough data to keep traders interested. The data calendar gets underway at 09:00 GMT, with the release of the EMU current account data.  The main UK release comes at 09:30 GMT, with the publication of the January retail sales data.

There is a very limited data calendar in Europe Thursday, although the schedule picks up in the US. The European calendar gets underway at 06;30 GMT, with the publication of the French unemployment data. At 07:00 GMT, the ACEA car registrations data will be published.

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