Market movers today
We have a very light data calendar with only secondary data releases scheduled. In Europe both the UK and Italy will release industrial production for March. In general industrial production data for March released so far have disappointed. Germany will also release foreign trade data for March this morning.
A couple of speeches on the agenda today: ECB's Liikanen is scheduled to speak at 14:40 CET in Helsinki and he might throw some light on ECB's deliberations and the strength of Draghi's 'promise' of a rate cut in June in connection with his press briefing yesterday. In the US Fed's super hawk Fisher will speak this evening. Although he is a voter this year, his views are usually less interesting because they are far from the consensus on FOMC.
Denmark will release March Balance of Payment figures and Norway will have CPI figures out.
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