Deutsche Bank: "In terms of the day ahead, we also have BoE policy meeting today. The market is expecting no changes to interest rate and its asset purchases program. Prior to that, we will get the preliminary Eurozone Q2 GDP, French unemployment and German factory orders data. Spain's bond auction across 2014, 2015, 2016 maturities ahead of the ECB meeting will also be interesting. Spanish PM Rajoy will also host Merkel in Madrid today with a joint press conference expected at 1.30pm London time. Draghi and Schauble are also scheduled to speak at an award event tonight in Germany where Draghi will receive an annual award. In the US, the ADP employment change report will be a highlight ahead of Friday's payrolls. We also have non-manufacturing ISM and weekly jobless claims but all eyes will be on Draghi when he takes the mic later today."