Economic data coming up in the European session
03:15PM - France March flash manufacturing, services, composite PMI
03:30PM - Germany March flash manufacturing, services, composite PMI
04:00PM - Eurozone March flash manufacturing, services, composite PMI
With the ECB reiterating that they will stand pat for the rest of the year, it's hard to imagine 1H 2019 data as being anything that will significantly change rate hike expectations/pricing. Given that backdrop, positive data here bodes well for the region in the big picture but it needs to stay that way in the coming months for the euro to sustain any solid rallies.
04:00PM - Eurozone January current account balance
A general gauge of flows in/out of the Eurozone economy. Not a major release by any means.
03:30PM - Germany March flash manufacturing, services, composite PMI
04:00PM - Eurozone March flash manufacturing, services, composite PMI
With the ECB reiterating that they will stand pat for the rest of the year, it's hard to imagine 1H 2019 data as being anything that will significantly change rate hike expectations/pricing. Given that backdrop, positive data here bodes well for the region in the big picture but it needs to stay that way in the coming months for the euro to sustain any solid rallies.
04:00PM - Eurozone January current account balance
A general gauge of flows in/out of the Eurozone economy. Not a major release by any means.
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