Here Comes Europe's GDP And Inflation...

Inflation for October is expected to come in at 0.4%. That's a smidgen higher than the 0.3% reading in September, but far, far below the European Central Bank target for 2% price growth.

Growth is expected to come in at 0.1% for the third quarter. We've already got some major indicators of how each of the three largest eurozone economies is doing this morning.

German GDP rose 0.1%, narrowly avoiding a technical recession.

French GDP beat expectations, rising 0.3%, the fastest of the three (which says a lot).

Italian GDP dropped another 0.1%, keeping the country in recession. According to the Guardian's Graeme Wearden, Italy has now had stagnant or falling GDP for 13 quarters.

This post will be updated as the data comes in.