What are the main events for today?

  • The Eurozone Flash CPI is the only highlight
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In the European session, the main highlight is the Eurozone Flash CPI. The headline CPI Y/Y is expected at 2.1% vs 2.1% prior, while the Core CPI Y/Y is seen at 2.4% vs 2.4% prior. The data won't change anything for the ECB at this point as they are just monitoring the economic developments.

In the American session, we don't have anything on the agenda other than a couple of central bank speakers. This week is more of a placeholder as we await the FOMC decision next week and then the NFP and CPI reports.

Central bank speakers:

  • 13:00 GMT/08:00 ET - ECB's Dolenc (neutral - voter)
  • 15:30 GMT/10:30 ET - BoE's Dhingra (dove - voter)
  • 22:00 GMT/17:00 ET - RBA Governor Bullock (neutral - voter)

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