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)
This article was written by Giuseppe Dellamotta at investinglive.com.
