It’s the 4th of July. The good ol US of A is out enjoying a well deserved holiday and I’ve come to work this morning expecting a nice leisurely session. So stop all this nonsense; we don’t need no stinking volatility!!
Euro zone data due today:
08:30 GMT: Euro zone sentix investor confidence for July expected down at 0.6 from previous 3.5
09:00 GMT: Euro zone PPI for May expected 6.3% y/y from previous 6.7%
Talk of trailing stops through 1.4500. Sell orders seen clustered 1.4580/00 ahead 1.4600 barrier option interest.