EUROPEAN SESSION
In the European session, we don’t have much on the agenda other than a couple of low tier releases like the Italian Consumer Confidence and French Jobless Claims. The data is not going to change anything for the ECB, so the market reaction will be muted.
AMERICAN SESSION
In the American session, we just have the final University of Michigan Consumer Sentiment report. The preliminary data showed an improvement in consumers mood and an easing in inflation expectations due to the end of the US-Iran war and the fall in oil prices. The final data will likely show an upward revision but the market reaction will likely be muted.
CENTRAL BANK SPEAKERS
07:00 GMT/03:00 ET – ECB’s Pereira (neutral – voter)08:30 GMT/04:30 ET – ECB’s Nagel (hawkish – voter)15:30 GMT/11:30 ET – Fed’s Kashkari (hawkish – voter)16:00 GMT/12:00 ET – ECB’s Vujcic (neutral – voter)
This article was written by Giuseppe Dellamotta at investinglive.com.