What are the main events for today?

The European session is pretty empty on the data front with just a couple of low tier releases. The only highlight today is the US Jobless Claims data in the American session.

13:30 GMT/08:30 ET – US Jobless Claims

The US Jobless
Claims continue to be one of the most important releases to follow every week
as it’s a timelier indicator on the state of the labour market.

Initial
Claims remain inside the 200K-260K range created since 2022, while Continuing Claims continue to hover around
cycle highs although we’ve seen some easing recently.

This week Initial
Claims are expected at 215K vs. 213K prior, while Continuing Claims are seen at
1871K vs. 1850K prior.

Central bank speakers:

• 09:00 GMT – ECB’s Rehn (dove – voter)
• 13:00 GMT/08:00 ET – ECB’s Makhlouf (neutral – voter)
• 16:00 GMT/11:00 ET – ECB’s Nagel (hawk – voter)
• 14:35 GMT/09:35 ET – Fed’s Goolsbee (neutral – non voter)
• 17:05 GMT/12:05 ET – Fed’s Musalem (neutral – voter)
• 19:30 GMT/14:30 ET – Fed’s Barr (dove – voter)
• 22:00 GMT/17:00 ET – Fed’s Kugler (dove – voter)

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