EUROPEAN SESSIONIn the European session, we have the BoE rate decision. The central bank is expected to keep the Bank Rate unchanged at 3.75% with a 6-3 vote split, while keeping a tigthening bias. The BoE has enough reasons to stay put for now, following a soft UK employment report and benign inflation data. AMERICAN SESSIONIn the American session, we get the latest US Jobless Claims figures. Initial Claims are expected at 206K vs 206K prior, while Continuing Claims are seen at 1779K vs 1774K prior. We will likely need a significant spike to the upside in initial claims to trigger a market reaction, as the labour market data has been stable for several months.CENTRAL BANK SPEAKERS10:00 GMT/06:00 ET - ECB's Rehn (neutral - voter) This article was written by Giuseppe Dellamotta at investinglive.com.