At 11:00 (GMT+2), the April data on the producer price index in the eurozone will be published. The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Higher producer prices are fueling consumer inflation. If the monthly and annual figures rise from 0.8% and 1.9%, respectively, this will support the "bullish" momentum of the euro quotes.
