Headlines:
- Gold takes a dip on headline that China halts reserves buying after 18-month stretch
- Why gold dropped on the headline about China halting reserves buying?
- ECB's Holzmann: I was the only one against a rate cut
- ECB's Centeno: The message is one of confidence in the disinflation process
- ECB's Villeroy: We will move at appropriate pace on rate cuts
- ECB's Schnabel: We cannot pre-commit to a particular rate path
- ECB's Rehn: Inflation will continue to decline
- ECB's de Guindos: Inflation is to be around 2% next year
- ECB's Nagel: The decision to cut rates was not premature
- ECB's Šimkus: It is possible that there will be more than one rate cut this year
- ECB's Nagel: Policy is not auto pilot when it comes to rate cuts
- Eurozone Q1 final GDP +0.3% vs +0.3% q/q second estimate
- Germany April industrial production -0.1% vs +0.3% m/m expected
- Germany April trade balance €22.1 billion vs €22.6 billion expected
- France April trade balance -€7.58 billion vs -€5.47 billion prior
- UK May Halifax house prices -0.1% vs +0.2% m/m expected
Markets:
