What are the main events for today? | investingLive

As it’s usually the case for Mondays, we have a pretty empty agenda today. There are just the final PMI readings and the Eurozone unemployment rate. None of these data will change anything for the central banks or the markets.

We will also hear from a couple of ECB speakers but we can expect to hear the same old stuff. The central bank is not going to cut interest rates again unless we get some significant reason to do so. And there is absolutely none for now.

As a reminder, it’s a US holiday today, so the market will either consolidate or just keep going by inertia following last week’s trends. The US data and especially the labour market data is going to be key this week. It might not deter the Fed from cutting this month, but it will certainly influence expectations further down the curve.