Today we have a very light calendar in terms of data releases but there are some interesting central bank speeches. ECB's Constancio, Nouy and Nowotny speak in Vienna and their comments could attract some attention after the ECB meeting last week at which Draghi 'promised' to ease in June. Following the meeting ECB's Likanen said Draghi's comments show our 'common view' and we do not expect any back tracking today.
Fed's Plosser speaks tonight. He is considered hawkish and although he is a voter his comments might be less interesting as they are far from the consensus on FOMC.
During the week there are some interesting releases. In the US we get retail sales for April, euro area GDP growth in Q1 is due for release, Bank of England will publish its May Inflation Report and Chinese industrial production and Japanese inflation are due for release.
Today Danish April CPI will be released.
To Read the Entire Report Please Click on the pdf File Below