Yet another light day on the economic calendar
Good day, everyone! Hope you're all doing well as we prepare for the European trading session ahead. Markets remain generally quiet since overnight trading as currencies are still experiencing a slower start to the week. The euro did creep higher yesterday though but other than that, there isn't much else of note thus far.
Brexit headlines continue to stay rather quiet as talks between the UK government and Labour party looks set to continue today, while May will travel to Berlin and Paris to meet up with Merkel and Macron respectively.
0545 GMT - Switzerland March unemployment rate
Prior release can be found here. Labour market conditions in Switzerland remain tight and the report here should continue to highlight that. Not a major release by any means.
0800 GMT - Italy February retail sales data
General gauge of consumption activity in the Italian economy. A minor data point.
1000 GMT - US March NFIB small business optimism index
Prior release can be found here. This is an index which measures the opinion of small businesses on the economic conditions in the country. If there's any signals that the US economy is headed for a downturn, data points like these often provide some form of indication of slowing business conditions. While the reading is off the highs last year, it's still holding up well for the time being.
That's all in terms of data releases for the session ahead. I wish you the best of days to come and good luck with your trading!
