A preview of what's coming up in European trading today

Howdy, everyone! Hope you're all having a good day so far and for those just joining, a very warm welcome. The day is off to a quiet start but that is expected with Japanese and Chinese markets closed today. The notable move is that of commodity currencies, in which they are marked lower but ranges remain relatively subdued.

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

0600 GMT - Germany March retail sales data

Prior report can be found here. A minor and lagging data point. Rough gauge of consumer sentiment in one of the Eurozone's major economies.

0700 GMT - Switzerland April KOF leading indicator

Prior release can be found here. The indicator is an indexed reading of 219 economic indicators within Switzerland. A minor data point.

0800 GMT - Eurozone March M3 money supply data

Prior release can be found here. An indicator of broad money growth/contraction in the Eurozone economy. Another minor data point.

0800 GMT - SNB total sight deposits w.e. 27 April

Your weekly check of the deposits kept at the SNB by Swiss banks. This data is a proxy for FX interventions.

0900 GMT - BOE to publish remarks from economist Andy Haldane

Haldane's speech was from the launch of the Centre for Data Analytics for Finance and Macro at King's College on 19 April.

0900 GMT - Italy April preliminary CPI figures

Prior release can be found here. Inflation figures for the Eurozone, one of the more focal points these days for the ECB. But this data here is expected to have little reaction, it's just one that will feed into overall Eurozone sentiment.

1200 GMT - Germany April preliminary CPI figures

Prior figures can be found here. One of the more important data points on the day. Not expected to move the euro much, but inflation figures do feed into the Eurozone and ECB sentiment so it will have some impact on the euro down the road. The state readings are also due throughout the day. The schedule for those can be found here.

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