A preview of what's to come in European trading today

Good day, everyone! Hope you're all doing well as we get the day going. The Asian session was rather lively with quite a bit of trade spat exchanged between US and China already. Eamonn has the wrap here for a good summary of what has happened.

Here's a snapshot of the major currency bloc performance against the dollar as well for your reference:

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

0800 GMT - Italy February unemployment rate

Prior reading can be found here. Last month's reading saw a spike heading into the elections, but the data point this time around is not going to be market moving by any means.

0830 GMT - UK March construction PMI

Prior report can be found here. Again, similar to yesterday's manufacturing PMI this isn't a major data point as the services sector will be more keenly eyed upon. May have a minor impact on sterling depending on how big the miss/beat is but should be inconsequential.

0900 GMT - Eurozone February unemployment rate

0900 GMT - Eurozone March preliminary CPI data

Prior unemployment rate reading can be found here. A minor data point. All eyes will be on the inflation report. Prior readings can be found here for that. Again, the key is to look out for the core reading. It is expected to come in at +1.1% y/y, up from the +1.0% y/y previously.

1100 GMT - US MBA mortgage applications w.e. 30 March

Weekly US housing data, measures the change in number of applications for mortgages backed by the MBA during the week. Not the biggest of data points, but a general indicator of the housing sector sentiment.

That's all for the day. The key item on the agenda is Eurozone CPI for March, and other than that some minor data points to move the day along.

I wish you all the best of days ahead and as always, good luck with your trading!