Dogecoin is a cryptocurrency created in 2013 as a bifurcation of the Litecoin blockchain. Its task is to conduct peer—to-peer transactions without centralized management. Earnings on the coin were not expected. The developers thought it would be a humorous parody to encourage content creators.

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EU summit to discuss Russian asset confiscation and sanctions; New Zealand GDP data due at 0045 GMT; UK interest rate decision scheduled for 1500 GMT, with Bank of England Governor's speech at 1530 GMT; ECB to announce interest rate at 1615 GMT; US initial jobless claims and CPI figures released at 1630 GMT; Philadelphia Fed Manufacturing Index due at 1630 GMT; ECB press conference set for 1645 GMT; US EIA natural gas storage report at 1830 GMT.

EU summit to discuss Russian asset confiscation and sanctions. New Zealand GDP data due at 0045 GMT.