Economic calendar: Riskbank decision in investors' focus

Futures point to a higher opening in today's European cash session
Riskbank decision, Eurozone business climate data and EIA data in focus

European futures point to a higher opening of the trading session on the Old Continent. Sentiment in Asia-Pacific markets proved mixed today. Japan and India were particularly good, with indices there posting 0.75% gains. Chinese markets were losing today. The Hang Seng fell 1.1%, and the Shanghai benchmark lost 0.5%. Wall Street closed the session intraday lower.

Highlights of the day include: CPI data for March from Spain, Riskbank's decision, Eurozone business climate data for March, and US oil inventory change data.

Today's key readings:

08:00 am GMT - Spain, CPI inflation data for March. Forecast: 3.1% y/y. Earlier: 2.8% y/y.

08:30 am GMT - Sweden, Riskbank interest rate decision. Forecast: 4%. Earlier: 4%.

10:00 am GMT - Eurozone, business climate data.

02:30 pm GMT - US, change in crude oil inventories according to EIA. Forecast: -1 mn. Previously: -1.95 mn.

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