Market Movers
The most important release is new home sales in the US. The very strong existing home sales released earlier in the week suggest some upside and so far the higher mortgage rates do not appear to have weakened the US housing market substantially.
When Germany releases the final estimate for Q2 GDP this morning, it will be the first time we get details and a precise picture of the main growth drivers in Q2. August consumer confidence for the euro area will also be released today.
Bundesbank president Jens Weidmann will be speaking about 'the struggle for a stable framework for monetary union' at 10:00 CET in Berlin.
Danish consumer confidence is due at 09:00 CET.
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