In the European session, we just get a couple of low tier releases like the French Consumer Confidence and the final Spanish Q1 GDP. These are not market moving reports and won’t change anything for the ECB.
In the American session, the only highlight is the second day of Fed Chair Powell Testimony but it’s generally a non-event as he generally just repeats the prior day’s remarks.
We can also highlight the North Atlantic Council Meeting today where NATO leaders will discuss security spending and other pressing topics. I don’t see how anything out of it could move the markets though.
Therefore, unless we get some unscheduled event, we will likely see some rangebound price action but with the sentiment remaining positive
What are the main events for today?
