Draghi on the agenda today but not likely to provide anything of note
Good day, everyone! Hope you're all doing well as we get things going here in European trading later. The start to the day has already been a promising one with tariffs being announced and the relative swing in risk - particularly the aussie and kiwi.
Plenty of fun and games still to come but the session ahead will rely more on sentiment and flows as we'll be void of any key economic data releases.
0700 GMT - ECB's Draghi, Villeroy speaks in Paris
Villeroy will be delivering the opening remarks at an event organised by the French Prudential Supervision and Resolution Authority. Then, Draghi will be delivering the keynote speech right after. Both of them are scheduled to speak for 15 minutes each. As the event is pertaining more to banking supervision, it's unlikely that this will have any bearings on monetary policy whatsoever.
0800 GMT - Italy June industrial orders, sales data
Prior figures can be found here. A minor data point and a lagging one as this is part of Q2 data. Not going to have any material impact on markets.
That's all for the session ahead. I wish you all the best of days and good luck with your trading!
