- European markets set for slightly higher opening
- UK and US traders return from holidays
- US survey data and Spanish CPI report on the agenda
Futures markets point to a slightly higher opening of the European cash session today. DAX futures are currently hovering near the 16,000 pts mark. Liquidity conditions are expected to improve today compared to yesterday as traders from a number of countries, especially the United Kingdom and United States, return from holidays.
There are 3 important releases scheduled for today. Traders will be offered flash CPI data for May from Spain. It will be closely watched as Spain will be the first EMU country to report inflation data for May and it may serve as a hint for releases scheduled for the later part of the year. Apart from Spanish CPI figures, traders will also be offered two survey reports for May from the United States - Conference Board consumer confidence index and Dallas Fed manufacturing index.
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Open account Try demo Download mobile app Download mobile app8:00 am BST - Spain, CPI inflation for May. Expected: 3.5% YoY. Previous: 4.1% YoY
8:00 am BST - Switzerland, GDP report for Q1 2023. Expected: 0.1% QoQ. Previous: 0.0% QoQ
3:00 pm BST - US, Conference Board consumer confidence for May. Expected: 99.1. Previous: 101.3
3:30 pm BST - US, Dallas Fed manufacturing index for May. Expected: -18.0. Previous: -23.4
Central bankers' speeches
- 10:00 am BST - ECB Simkus
- 2:00 pm BST - ECB Holzmann
- 2:30 pm BST - ECB Centeno
- 4:45 pm BST - ECB Villeroy
- 4:45 pm BST - ECB Villeroy
- 6:00 pm BST - Fed Barkin
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