At 17:00 (GMT+2), March data on the consumer confidence index in the EU countries will be published. The indicator is based on a survey of 2.3K households that assess the prospects of the economy. It is a leading indicator for consumer spending, with high readings indicating consumer optimism and vice versa. It is expected that the March indicator will slow down the negative dynamics from −15.5 points to −15.0 points, still putting pressure on the euro.
