Eurozone industrial production figures will provide more indication of activity. Based on national data, we anticipate Eurozone industrial output to have grown by 0.4% in August, outperforming consensus forecasts.
However, output in the industry is anticipated to fall for the fourth straight quarter in Q3, adding to speculation that ECB rates have peaked.
ECB President Lagarde will participate in an IMF seminar debate on the global economy, among other central bank speakers.
Today’s emphasis will be Eurozone industrial production for August. The Michigan gauge of consumer sentiment for September is coming in the United States. However, unless there are any significant shocks, the figures are unlikely to have an impact on markets.