Economic calendar: Final CPI data from Europe, central bankers' speeches

• European indices set for lower opening
• Final CPI data for April from euro area due at 10:00 am BST
• Speeches from Fed, ECB and BoE members

European index futures point to a slightly lower opening of the cash session on the Old Continent today. This comes after a rather downbeat Asia-Pacific session, during which the majority of indices from the region traded lower. Somewhat disappointing monthly activity data from China can be blamed for a weaker sentiment on the markets.

Economic calendar for the final trading day of the way is almost empty. Traders will be offered a final CPI data for April from the euro area. As this is a final release, no deviations from preliminary values nor major market reaction is expected. However, there are a number of speeches from ECB, BoE and Fed members scheduled for today and those may ensure volatility on the FX markets.

10:00 am BST - Euro area, final CPI inflation for April.

• Headline (annual). First release: 2.4% YoY
• Headline (monthly). First release: 0.6% MoM
• Core (annual). First release: 2.7% YoY
• Core (monthly). First release: 0.6% MoM

Central bankers' speeches

• 8:00 am BST - ECB Vase
• 8:20 am BST - ECB de Guindos
• 8:30 am BST - ECB Vujcic
• 9:00 am BST - BoE Mann
• 1:30 pm BST - ECB Vasle, Holzmann & Kazaks
• 3:15 pm BST - Fed Kashkari
• 3:15 pm BST - Fed Waller
• 5:15 pm BST - Fed Daly