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Economic calendar: University of Michigan data, ECB and Fed speakers

  • European indices set for higher opening
  • University of Michigan data for June
  • Speeches from ECB and Fed members
  • Final CPI reports for May from France and Poland

European index futures point to a higher opening of the cash session on the Old Continent today. This comes in spite of a mixed trading on Wall Street yesterday and in Asia-Pacific region earlier today. Japanese yen is top laggard among majors after Bank of Japan kept rates unchanged and unexpectedly decided to keep bond purchases unchanged. 

Economic calendar for the day ahead is very light. Traders will be offered final CPI inflation data for May from France and Poland as well as second-tier Canadian wholesale sales report for April. Some additional volatility may be present after release of…

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