EUROPEAN SESSION
In the European session, we get the final PMIs for the major Eurozone economies as their release got delayed due to Labour Day. The data isn’t going to change anything for the ECB, so the market reaction will likely be muted.
AMERICAN SESSION
In the American session, we don’t have much on the agenda other than the US factory orders data which is not going to change anything for the Fed and thus, will likely be largely ignored by the market.
The attention remains largely on US-Iran developments, with the latest Trump’s plan to get the ships through the Strait of Hormuz in the spotlight.
CENTRAL BANK SPEAKERS
07:00 GMT/03:00 ET – ECB’s Simkus (neutral – voter)09:00 GMT/05:00 ET – ECB’s Villeroy (neutral – voter)09:00 GMT/05:00 ET – ECB’s Dolenc (neutral – voter)12:00 GMT/08:00 ET – ECB’s Kocher (neutral – voter)12:15 GMT/08:15 ET – ECB’s de Guindos (neutral – voter)16:50 GMT/12:50 ET – Fed’s Williams (neutral – voter)17:05 GMT/13:05 ET – ECB’s Nagel (hawkish – voter)19:30 GMT/15:30 ET – BoC’s Macklem (neutral – voter)
This article was written by Giuseppe Dellamotta at investinglive.com.