EU energy ministers have agreed to hold gas demand at a reduced level until March 2024 to secure a sufficient supply for next winter.
European Central Bank Chief Economist Lane said that he expects inflation to decelerate rapidly.
Germany’s April GfK Consumer Climate -29.5 (expected -29.2; last -30.6)
Italy’s February non-EU trade surplus EUR4.02 bln (last deficit of EUR1.36 bln)