Reminder: today is a public holiday in most European countries.

This public holiday coincides with Pentecost Monday, so most of the major European players will be absent. London will be open though, so there’s still that at least. But even though the region’s main markets are open, liquidity is expected to decline in the coming session. France, Germany and Switzerland are all taking advantage of the long weekend.

As such, there will be no major data releases in the upcoming session. This will lead to a quieter period in European morning trading to start the new week.