Consumer confidence index. EU, 16:00 (GMT+2) 23 May

At 16:00 (GMT+2), May data on the consumer confidence index in the EU countries is due, calculated based on a survey of 2.3K households assessing economic prospects. It is a leading indicator for consumer spending, with high readings indicating consumer optimism and vice versa. In May, the indicator is likely to continue its negative trend from the current −14.7 points to −14.0 points, putting pressure on the euro.