Key facts
- Eurozone Flash CPI for May is expected to show headline at 3.2% and core at 2.4%.
- US Job Openings data for April is projected to be 6.880M, down from 8.866M.
- Several central bank officials are scheduled to speak today.
- Fed speakers include Hammack (hawkish voter).
- ECB speakers include Vujcic (neutral voter) and Sleijpen (neutral voter).
- BoE speakers include Governor Bailey (neutral voter) and Greene (hawkish voter).
Today's economic calendar features key inflation data from the Eurozone and labor market figures from the US. These releases, alongside speeches from central bank officials, will offer insights into the economic outlook and potential future monetary policy decisions. The market is currently pricing in further tightening from both the ECB and the Fed by year-end, with the Eurozone CPI data potentially influencing these expectations.