The main release will be US consumer confidence for April from University ofMichigan. We expect it to be unchanged at 80.0. While the labour market has pickedup a bit recently as seen by the strong jobless claims yesterday, a rise in gasolineprices has worked in the other direction on sentiment.
US PPI is expected to rise 0.1% m/m in March but there may be some upside risk tothis as import prices released yesterday rose a bit more than expected in March.
In Europe final inflation data for March in Germany and Spain are released but we donot expect any revisions. ECB will also announce the repayment on the 3-year LTROat noon.
Read the full report: FX Daily
Danske Bank