Data:
08:00 Italy Consumer confidence (September) 98.5
08:00 Germany IFO business climate index (September) 107.5
European Central Bank policy makers are likely to next week debate restarting their covered-bond purchases along with further measures to ease monetary conditions, a euro-region central bank official said.
ECB council members Ewald Nowotny from Austria and Luc Coene from Belgium have already said the bank may look at stepping up efforts to boost growth as soon as next month.
The official said ECB policy makers haven’t decided on the size of the potential new covered-bond purchase program.
ECB council members Ewald Nowotny from Austria and Luc Coene from Belgium have already said the bank may look at stepping up efforts to boost growth as soon as next month.
The official said ECB policy makers haven’t decided on the size of the potential new covered-bond purchase program.
GBP/USD: the pair grown above $1.5500.
USD/JPY: on european session the pair was in Y76.20-Y76.50 range.
US data: at 1400GMT the New Home Sales data is releasedThe pace of new home sales is expected to fall to a 295,000 annual rate in August after falling slightly in July, as Hurricane Irene held back sales in the affected region.