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Some light distractions before getting to the main event later today

Today, it’s all about US data, the most important being the CPI report. But at the same time, we will also have the retail sales and the manufacturing index from the New York Fed. As we continue the countdown, don’t expect too much from the European morning trades. At most, we might just get a few positional plays in before the main event.

Otherwise, we will continue to wait with little on the agenda in Europe as well. These will mostly only serve as some light distractions in the hours to come.

06:45 GMT – Final CPI figures for April in France
09:00 GMT – Second estimate of Eurozone GDP in the first quarter
09:00 GMT – March industrial production in the euro zone
11:00 GMT – US MBA Mortgage Applications May 10

That’s all for the upcoming session. I wish you good days ahead and good luck in your trading! Stay safe out there.

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