A light one in terms of data releases for the session ahead
Good day, everyone! Hope you're all doing well as we move towards the European morning session in just a bit. The yen seems to be the only notable mover on the session as it gained some ground with USD/JPY retracing to levels just under 112.00 again after a brief trip above the figure level overnight.
Other major currencies remain in a bit of a subdued state after slipping against the dollar yesterday as the greenback flexed its muscles once again, winning the battle of the 'cleanest shirt among the dirty pile'.
Anyway, in terms of economic releases, it's going to be a quiet one in Europe before we see US durable goods and unemployment claims data later.
0800 GMT - ECB releases economic bulletin of its April meeting
Yesterday's release was an article part of its economic bulletin page but this will be the actual release on the central bank's account in relation to the April monetary policy meeting. My bad in getting the dates mixed up but in any case, the release here shouldn't contain much we don't already know from the ECB.
1000 GMT - UK April CBI trends total orders, selling prices
Prior release can be found here. Readings above 0 indicates optimism while below indicates pessimism. The headline is a survey on manufacturers to rate the level of volume for orders expected during the next 3 months. A minor data point.
That's all for the session ahead. I wish you all the best of days to come and good luck with your trading!