Economic calendar: Industrial production data from Europe

• Turkish industrial production seen dropping in August

• Polish trade balance deficit seen widening in August

• Holidays in Canada and Japan

8:00 am BST - Turkey, industrial production for August. Turkey is drawing increased attention as of late due to the country's offensive in Syria. Having said that, industrial production data from a country may not have much impact on TRY valuation. Market consensus expects a 0.7% YoY decrease. 

10:00 am BST - Euro area, industrial production for August. Production data from the eurozone showed an annual decline each month since November 2018. No change to this trend is expected in August and report is forecasted to show a 2.5% YoY decline against 2% YoY in July.

1:00 pm BST - Poland, trade balance data for August. Parliamentary elections were held in Poland over the weekend and everything hints that the ruling Law and Justice party will cement its grip on power. Meanwhile, trade balance data for August is set to be released today and is expected to show a 440 million EUR deficit.

Central bankers’ speeches

• 1:10 pm BST - BoE’s Cunliffe

• 4:30 pm BST - Riksbank’s Ohlsson