Economic data coming up in the European session

Author: Justin Low | Category: News

A light one on the data docket in the session ahead

Comic 16-05
Happy Thursday, everyone! Hope you're all doing well as we prepare for the European trading session that is to come. It's been a steady start to the day for the most part but the usual suspects are at it again with the yen holding slightly higher while the likes of the aussie and kiwi are weighed lower.

Market participants are still relatively cautious as US-China trade tensions continue to cast a shadow over the trading landscape so let's see how things will play out today and we're due for another battle of greed versus fear.

0530 GMT - France Q1 ILO unemployment rate
Prior report can be found here. An indication of labour market conditions in the French economy, not a major release by any means.

0800 GMT - Italy April final CPI figures
Preliminary figures can be found here. As these are final readings, the release here shouldn't have any impact on markets unless they heavily skew from initial estimates.

0900 GMT - Eurozone March trade balance data
Prior release can be found here. The release here provides a more detailed look at trade conditions in the Eurozone economy but much of it has already been accounted for after the release of the French and German trade balance reports. A minor data point.

Aside from the above, we'll also have some ECB speakers due on the agenda but I'll brief them in a separate post. I wish you all the best of days to come and good luck with your trading!

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