A light calendar day to end the week in Europe
Happy Friday, everyone! Hope you're all doing well as we gear towards the session ahead. Markets are generally quiet once again but yen pairs did creep higher overnight and we're seeing the euro also catching a bit of a bid in Asian trading so far.
EUR/USD is back to contending with resistance around 1.1280-90 so let's see if those levels can hold or if buyers are poised looking for a break higher today.
0600 GMT - Germany March wholesale price index
Prior release can be found here. The index measures the value of sales made by wholesalers in Germany, it provides an indicator of consumption and retail pattern. A minor data point.
0700 GMT - Spain March final CPI figures
Preliminary figures can be found here. As these are final readings, they're not expected to have much - if any - impact on the euro whatsoever.
0900 GMT - Eurozone February industrial production data
Prior release can be found here. General gauge of factory conditions in the Eurozone, which will be buoyed by the fact that Germany's construction sector is still helping to prop up the industry - as seen last week here. A minor data point.
We're also expecting China trade balance data for March as well so keep an eye out for that. That's all for the session ahead. I wish you all the best of days to come and good luck with your trading!
