Yesterday, from Eurozone, only minor importance Revised GDP data was published. Seasonally adjusted GDP rose by 0.3% in the euro area (EA19) and by 0.4% in the EU28 during the third quarter of 2015, compared with the previous quarter, according to a second estimate published by Eurostat, in line with market forecasts. In the second quarter of 2015, GDP grew by 0.4% and 0.5% respectively. Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.6% in the euro area and by 1.9% in the EU28 in the third quarter of 2015, the same as in the previous quarter.
In the US session
JOLTS Job Openings figures were released.
The number of job openings was little changed at 5.4 million on the last business day of October. Hires and separations were little changed at 5.1 million and 4.9 million, respectively. Within separations, the quits rate was 1.9% for the seventh consecutive month, and the layoffs and discharges rate was 1.2%. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.
Wednesday will bring no major data releases both from Eurozone and USA. With that being the case we can expect less volatile session in which traders are going to be focused on speculations concerning Fed's rate hike as well as still weighing on recent ECB stanzas.