Eurozone industrial production expected to bounce, UK economy still accelerating, little else for markets to look to in the US today

The economic calendar remains relatively light again today. Main interest will be in Europe with publication of industrial production numbers for April. Strong French (2.2%) and German (1.8%) monthly gains suggest the Eurozone reading should also be a decent positive increase. Consensus has a flat number pencilled in, suggesting scope for EUR and market impact this morning.

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Commonwealth Bank