EUROPEAN SESSION
In the European session, we don’t have much on the agenda other than the Eurozone industrial production data. This is rarely a market-moving report and in any case, it’s not going to change anything for the ECB, so the market reaction will be muted.
AMERICAN SESSION
In the American session, we just have the Canadian housing starts data which is not going to change anything for the BoC as the central bank remains on the sidelines mainly awaiting the developments around the USMCA negotiations. As a reminder, the US is on holiday today so the US stock market and the bond market will be closed.
CENTRAL BANK SPEAKERS
- 13:25 GMT/08:25 ET – Fed’s Bowman (dovish – voter)
- 17:30 GMT/12:30 ET – ECB’s Villeroy (neutral – voter)
- 17:40 GMT/12:40 ET – ECB’s Nagel (neutral – voter)
This article was written by Giuseppe Dellamotta at investinglive.com.
