News of the day. Monday 16.11 2015

November 16, 2015

On Monday, market participants will be following news for the eurozone. Consumer Price Index is due at 12 pm (GMT+2). For almost a year, the eurozone has been teetering on the verge of deflation, and all the ECB's attempts to tackle this issue have failed. Thus, in October, Consumer Price Index is expected to decline from 0.2% to 0.1% on a monthly basis, while in annual terms, the indicator is likely to remain unchanged at 0.0%.

The ECB President Draghi's Speech is due at 12:15 pm in Madrid. Mario Draghi may comment on the current state and prospects of the European economy. At 1:00 pm Deutsche Bundesbank releases its monthly report on current and future economic conditions of Germany. Moreover, RBA Meeting's Minutes are due on Tuesday night and may shed light on the future of Australia's monetary policy.

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