What are the main events for today?

As it’s usually the case, we have a pretty empty day today on the data front. The only highlight will be the German IFO release in the European session. The IFO index is similar to the German Composite PMI as they are correlated, so it shouldn’t be a big deal.

Other than that, we don’t have anything else of note. There will be some central bank speakers throughout the day but they are unlikely to say anything new.

Central bank speakers:

• 09:00 GMT – BoE’s Lombardelli (neutral – voter)
• 10:30 GMT – BoE’s Dhingra (dove – voter)
• 16:30 GMT/11:30 ET – ECB’s Lane (dove – voter)
• 20:00 GMT/15:00 ET – ECB’s Makhlouf (neutral – voter)

This article was written by Giuseppe Dellamotta at www.forexlive.com.