- Global stocks managed to erase yesterday early losses
- ECB President Christine Lagarde is scheduled to speak
- US Personal Spending and PCE index point to a solid rebound
Since there is little data scheduled for release today, therefore markets are likely to be steered by coronavirus-related newsflow and its impact on risk sentiment.
8:00am BST - ECB's President Lagarde speech
1:30pm BST- US Core PCE Price Index m/m. Expected: 0.0%. Previous: -0.4%
1:30pm BST- Personal Spending m/m. Expected 8.9%. Previous -13.6%
3:00pm BST- Michigan Consumer Sentiment Index for Jun. Expected 79.1. Previous 78.9%
Economic Calendar: European Inflation and US PPI in the Spotlight
Daily summary: Semiconductors, US dollar and oil put pressure on Wall Street
Economic calendar: US-Iran talks in Geneva in the spotlight
BREAKING: German GfK consumer sentiments worsen, GDP in line with expectations