Guide to today’s important data and events

Not many economic dockets today and event risks are less.

Data released so far -

• China - Trade balance deteriorated sharply in March. Exports dropped 15% y/y and imports dropped -12.7%. Total trade balance was $3.1 billion for March.

• France - Current account balance for March registered €-1.8 billion compared to €-0.3 billion.

Upcoming -

• Italy - Industrial output is scheduled at 8:00 GMT. Prior was -0.7% m/m and -2.2% y/y.
  
  
• Portugal - Portugal will release its consumer price index report for March today, after 10 GMT.
  
  
• New Zealand - NZIER business confidence data to be released at 22:00 GMT.
  
  
• UK - BRC will release retail sales details at 23:01 GMT.

• Auctions - US will be auctioning 3 and 6 months bills at 15:30 GMT.