A preview of the calendar for European trading today

Howdy, everyone! Hope you're all doing fine today. It's been a quiet session so far in Asia, as markets remain relatively steady in the wake of the trade backdrop that is still engulfing market sentiment.

Here's a look at how the major currencies have performed against the dollar so far today:

The loonie has been the biggest mover so far as talks of a possibility that Canada and Mexico may be exempt from Trump's tariffs is helping to provide some relief for the Canadian dollar.

Anyway, here's what is coming up later in European trading:

0645 GMT - Switzerland February unemployment rate

Prior figures can be found here. Not a major data point, but the trend has been showing that jobless rate in Switzerland has been on the decline and the expectation remains that way.

0700 GMT - Germany January factory orders data

Prior release can be found here. It's the first data point for 2018 on factory orders, so it'll be a point of interest to see if there is any further signs of a slowdown in the German economy. However, overall, it's a minor data point but serves as a general sentiment indicator.

0730 GMT - Bank of France February industry sentiment indicator

Prior release can be found here. A minor data point, provides a general indicator of industrial sentiment - as the name says.

1230 GMT - US February challenger job cuts data

Not a major data point by any means. Provides a rough indicator of the labour market - not a substantial one though.

1245 GMT - ECB announces interest rate decision

The key event to watch in European trading today. No changes are expected to monetary policy and rates, but all eyes will be watching for any shift in language/guidance. The presser by Draghi later will be one to pay attention to also.

1330 GMT - ECB press conference

Following the rate announcement earlier. Draghi will be addressing the media, and there will be Q&A to follow.

That's all for European trading on the day, I hope you all have a great day ahead. And as always, good luck with your trading!