What are the main events for today?

  • There's not much on the agenda today
news market moving 2

In the European session, we just have a couple of low tier releases like the German industrial production and the Swiss consumer confidence. None of the data is going to change anything for the respective central banks.

In the American session, we only get the US consumer inflation expectations data from the NY Fed. After the upward spike seen in April, inflation expectations have been rolling over across all the major surveys (UMich, Conference Board and NY Fed).

Central bank speakers:

  • 15:00 GMT/10:00 ET - ECB's Cipollone (neutral - voter)
  • 15:30 GMT/10:30 ET - BoE's Taylor (dovish - voter)
  • 17:00 GMT/12:00 ET - ECB's Villeroy (dovish - voter)
  • 18:30 GMT/13:00 ET - BoE's Lombardelli (hawkish - voter)

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