Producer Price Index. Germany, 08:00 (GMT+2) 20 Apr

At 08:00 (GMT+2), Germany will publish the March Producer Price Index, a key indicator of inflation dynamics that tracks monthly changes in the prices of goods and services provided by manufacturers and has a significant impact on the decisions of monetary authorities. If the indicator continues its downward trajectory from –0.5% MoM and –3.3% YoY, this would exert pressure on the euro.