| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 09:00 | Eurozone | Current account, unadjusted, bln | October | 26.9 | | 20.5 |
| 11:00 | Germany | Bundesbank Monthly Report | | | | |
| 11:00 | United Kingdom | CBI industrial order books balance | December | 26 | | 24 |
JPY appreciated against most other major currencies in the European session on Monday, as concerns about the fast-spreading coronavirus variant Omicron and its impacts on economic growth fueled demand for safe-haven assets.
The Japanese yen dropped slightly against the euro but rose against the rest of its major rivals.
A surge in the Omicron infections made the Netherlands reintroduce a strict lockdown on Sunday. Addressing the Dutch people on Saturday, Prime Minister Mark Rutte said that the action was "unavoidable” as the fifth wave of coronavirus is coming with Omicron. This raised worries that the other European countries could follow the Netherlands’ suit over the coming days. The UK's health minister Sajid Javid stated that he would not rule out the possibility of imposition of additional restrictions ahead of the Christmas season.