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3 Numbers: QE revelations for Europe, US jobless, UK construction
The European Central Bank’s (ECB) monetary announcement is today’s main event and everyone will be eager to learn if the central bank’s ready, or not, to roll out a robust policy of quantitative easing (QE) to reverse or at least stabilise the Eurozone’s economic decline. Keep in mind that today's ECB event, as usual, arrives in two parts: the official press statement (11:45 GMT) and the follow-up press conference (12:30 GMT). We’ll also see new data for the UK via Markit’s purchasing managers index (PMI) for construction, followed by the weekly update on jobless claims for the US. UK: Construction PMI ... (full story)