Danske Bank analysts point out that in the euro area, we get minutes from the March ECB meeting, where the ECB announced a new series of TLTRO3, and will be a key economic release for today’s session.

“We are particularly interested in the details of the discussion of the TLTRO3 announcement from members of the Governing Council. Judging from recent communication, the ECB has become increasingly concerned about the side effects of a prolonged period of negative rates on bank profitability. However, we do not expect a discussion on a tiered deposit system to already have taken place. Also markets will continue to monitor Brexit developments and whether there is any breakthrough in the negotiations between PM May and Labour leader Jeremy Corbyn.”