An employee works on an assembly line at the General Motors plant in Asaka August 29, 2012. Euro zone businesses performed much better than forecasters expected this month and China's vast factory sector grew a shade faster but there were worrying signs that the upturn could be short-lived. The

Bank of England Governor Mark Carney participates in a panel discussion during the IMF-World Bank annual meetings in Washington October 12, 2014. Euro zone weakness will be only one factor that helps to determine when the Bank of England raises interest rates, Governor Mark Carney said in media

Angel Gurria, secretary-general of the Organisation for Economic Co-operation and Development (OECD), gestures during a news conference, part of the G20 finance ministers and central bank governors' meeting, in Moscow, July 19, 2013. Most major world economies are continuing to show stable growth

A woman stops to look in the window of a shop in London March 25, 2014. Euro zone inflation slowed further in September on falling prices of unprocessed food and energy, a first estimate showed on Tuesday, sending the euro lower against the dollar on expectations of further European Central Bank

The European Central Bank meeting on Thursday is the prime event for markets seeking clarity on the bank's response to a stalled recovery, disappearing inflation and the sluggish pace of reform in the euro zone.  Inflation in the 9.6 trillion euro economy dropped to a fresh five year low of 0.3