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    Key events today

    Yellen’s speech is now history, so the market’s attention now turns to economic data from the United States. 

    • US Non-Farm Productivity: The report on the US Non-Farm productivity for the first quarter 2016 is due today and is expected to improve from -1.0 to -0.6. Over the recent years productivity has improved towards the year end after a decline in the first half of the year.
    • Euro Area GDP: Eurozone Gross Domestic Product numbers are out today and are expected to come in unchanged from the previous numbers. The QoQ GDP change is expected to come in at 0.5% and YoY at 1.5%.
    • As for the central bankers speeches, five ECB members are expected to speak later today. We will also hear from Eric Rosengren (FED) who will join ECB’s Liikanen in Helsinki

     

    Any person acting on this information does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.


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