Analysts at Danske Bank point out that we have a number of important events this week, with most prominently a potential Brexit vote tomorrow or Wednesday, as well as several central bank speeches potentially addressing the recent dovishness from policymakers.
“US trade negotiators are heading to Beijing for another round of talks later this week and Chinese vice PM Liu He is set to go to DC on 3 April.”
“Today’s highlight on the data front is the German Ifo for March. After last week’s uptick in ZEW expectations investors are becoming on balance a bit less pessimistic on the Eurozone/Germany outlook. However, with the disappointing PMI manufacturing figures on Friday it is clear that the Germany is not out of the woods yet and challenges for the euro area recovery still lie ahead.”