020 7898 0500The euro was pretty quiet yesterday and ended up more-or-less where it began against sterling and the dollar. However, we might see some more significant movements today as the eurozone schedule is extremely busy.
We will see the Markit services, composite and manufacturing PMI figures for May, with all but one release expected to fall. While all readings are expected to still show growth, it will be some cause for concern if they do slide, especially if they come in below forecast.
The consumer confidence flash reading for May is also scheduled for release and is expected to hold steady at 0.4.
