At 11:00 (GMT+2), Joachim Nagel, President of the German Bundesbank, will comment on the current economic situation. Speeches by such high-level officials traditionally attract the attention of investors, as they can contain information about the prospects of Germany, the EU's largest economy, as well as the European Central Bank's (ECB) next steps in monetary policy. Experts expect Nagel to hint at the possibility of another cut in borrowing costs this year.
