Region: Europe

Fed meets as US economy excels. Mind the gap sterling. European shares surge as Eurozone avoids recession.

BoE risk clocks tick. Euro slips on ECB rate cut comments.

PCE didn’t rock the boat, or the dollar. Will we see a technical recession in Eurozone? Risk of a dovish tilt on Thursday.

Stellar GDP report, focus turns to PCE. ECB holds rates as expected. Stronger consumer that spends less.

US activity holds up as China helps sentiment. EZ PMIs give ECB a lot to think about. GBP anchored around $1.27 and €1.17.

Regional equity divergence. EZ lending conditions to tighten further in Q1. CAD remains steady ahead of BoC.