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08:30 UK HICP (September) 0.6%
08:30 UK HICP (September) Y/Y 5.2%
08:30 UK HICP ex EFAT (September) Y/Y 3.3%
08:30 UK Retail prices (September) 0.8%
08:30 UK Retail prices (September) Y/Y 5.6%
08:30 UK RPI-X (September) Y/Y 5.7%
09:00 Germany ZEW economic expectations index (October) -48.3
The euro fell for after Moody’s Investors Service said France’s top credit rating is under pressure, adding to concern that European leaders will find it difficult to resolve the region’s debt crisis.
France’s Aaa credit rating is under threat from worsening debt metrics and the potential for additional liabilities from the regional crisis, Moody’s said late yesterday. The nation’s financial strength has weakened because of the global financial crisis, making its debt measures the worst among its Aaa rated peers, Moody’s said.
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