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Few economic dockets to be released today, focus is on monetary policy decisions from Bank of England.
Data released so far -
- Australia - Business conditions as surveyed by banks dropped to 4 in April from 6, whereas business confidence remained at same level 3.
Upcoming -
- Euro zone - Euro group finance ministers will hold meeting today to discuss over Greece's debt crisis.
- Greece - Industrial production data for March would be published around 9:00 GMT.
- Germany - Germany will release inflation data as measured by wholesale price index. Though it's a low key data, might affect bund yields this time around.
- UK - Bank of England would announce monetary policy decisions at 11:00 GMT. Though no change in policy is expected, statement might affect tone largely. BRC retail sales details to be released at 23:00 GMT.
- Portugal - Portugal will release trade balance statistics.
- US - Labor market condition for April is scheduled for release at 14:00 GMT.
- New Zealand - House price index for month of April would be released today.
- Auction - US will auction 3 and 6 month bills at 15:30 GMT.
