In the European session, we will get just a couple of low tier releases like the final CPI readings for France and Spain. The ECB has been on a hard pause since the last rate cut and will remain so until they get significant reasons to cut further. Expect lots of ECB speakers today as it's usually the case after the rate decision day.
In the American session, the only highlight is the University of Michigan Consumer Sentiment report. The consensus sees a slight dip to 58.0 vs 58.2 prior. The inflation expectations figures will also be eyed. Overall, unless we get huge surprises in the report, it's unlikely to change anything at this point.
Looking ahead it's all about the FOMC decision now. Also, watch out for any hint from WSJ's Timiraos on a potential 50 bps cut.
