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Stellar line up of ECB audio system Friday – Lagarde, Schnabel, Holzmann

Time to sell the rate cut, rolling out the speakers:

0800 GMT / 0400 US Eastern time – Participation by ECB board member Isabel Schnabel in panel discussion at the Federal Ministry of Finance

0800 GMT / 0400 US Eastern time – European Central Bank policymaker Robert Holzmann, who heads the Austrian National Bank (ONB), holds a news conference on the ONB’s half-yearly economic forecasts

1000 GMT / 0600 US Eastern time – ECB member and Bank of Portugal Governor Mario Centeno presents June’s Economic Bulletin, which includes new economic projections for the country

1415 GMT / 1015 US Eastern time – Speech by ECB President Christine Lagarde at Fondation Maurice Allais in Paris

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