Your next Eurozone data risk at 09.00 GMT 4 April
Expectations:
- Core CPI yy 1.1% vs 1.0% prev
- CPI yy 1.4% vs 1.2% prev
- unemployment rate 8.5% vs 8.6% prev
ECB ever vigilant on inflation but not their only ball on the pitch. As always though we should expect an initial algo headline-led reaction to the data if wide of the mark so be ready with your entry/exit levels from whichever side you want to play.
Placing limit orders in advance can often be useful given the occasional speed of moves and subsequent reversals, although equally it can be prudent to wait and manually trigger executions once you've sized up the data in its entirety and gauged the price action.
Any rabbits expected out of the hat after today's data? Unlikely
