Major European indices trade in the green.
STOXX Europe 600: +0.8%,
Germany’s DAX: +1.3%,
U.K.’s FTSE 100: +0.4%,
France’s CAC 40: +0.5%,
Italy’s FTSE MIB: -0.2%,
Spain’s IBEX 35: +0.2%.
The U.S. Treasury extended a temporary sanction waiver on Russian seaborne oil.
Eurozone
EU’s Economic Commissioner Dombrovskis said that G-7 has made progress on critical minerals.
The EU is looking at ways to counter food inflation.
March trade surplus EUR7.8 bln (expected EUR5.4 bln; prior EUR11.1 bln)
U.K.
Bank of England policymaker Breeden spoke about the potential benefits of tokenization.
March three-month employment change 148,000 (expected 107,000; prior 25,000),
March Unemployment Rate 5.0% (expected 4.9%; prior 4.9%),
March Average Earnings Index + Bonus 4.1% (expected 3.8%; prior 3.9%),
April Claimant Count Change 26,500 (expected 23,100; prior 4,900).
Q4 Labor Productivity -0.5% (prior -0.5%)