At 12:00 (GMT+2), April data on the Consumer Confidence Index in the Eurozone countries will be published, calculated on the basis of a survey of 2.3 thousand households that assess the prospects of the economy. This is a leading indicator for consumer spending, its high values indicate consumer optimism, and vice versa. The indicator is likely to be fixed around −16.7 points, putting pressure on the position of the single European currency.
