According to analysts at Danske Bank, in Germany, the ZEW survey is due to be released and will be a key release for today’s session.

“It has ticked higher in recent months, pointing to higher expectations. The NFIB small business optimism index in the US is expected to show a small increase for April from 101.8 to 102.0. The US-China trade war will continue to be the key theme in markets. On the data front we expect Swedish CPIF inflation for April to be 2.1% y/y (consensus 2.0% y/y). Overnight (to Wednesday), we get, among others, Chinese industrial production.”