It has been a quiet session for the most part in Europe so far
Nasdaq futures are up 0.4%, while S&P 500 futures are flat and Dow futures are seen down 0.1%. European equities are little changed after a mildly softer open with the DAX holding just above 15,000 following its record close yesterday.

The White House releases a statement ahead of Biden’s speech later today
But still, it won’t be music to the ears of big corporates and as the debate ensues in Congress, expect the whispers and musings to have an impact on market sentiment.

Latest data released by Destatis – 30 March 2021
That said, don’t expect the ECB to read too much into the jump here as it is also impacted by the VAT changes and also base effect adjustments from last year.

Forex news from the European trading session – 30 March 2021
Headlines:
Markets:
– USD leads, JPY lags on the day
– European equities higher; S&P 500 futures down 0.2%

The good news is that the vaccine rollout is starting to gather pace
While things got off to a slow start, France is starting to see some improvement in the vaccine rollout. The country aims to have at least 10 million people vaccinated by mid-April and looks set to exceed that – at least in terms

Bitcoin climbs to $59,000 on the headlines
PayPal is to reveal that customers who hold Bitcoin, Ether, Bitcoin cash, and Litecoin in PayPal digital wallets will be able to convert their holdings into fiat currencies at checkouts in order to make purchases online. More from Reuters .

Bond sellers offer a reminder that they aren’t going anywhere just yet
Hedge funds. Block trades. Liquidation. Risk management. It’s all an interesting story but a passable one in the grand scheme of things. Higher yields on the other hand, that is one that is tough to ignore since the start of the new year.

Forex news from the European trading session – 29 March 2021
Headlines:
Markets:
– GBP leads, EUR lags on the day
– European equities slightly higher; E-minis down 0.5%

Reuters reports, citing sources familiar with the matter
The report states that Italy is to cut its GDP growth forecast this year from 6.0% to 4.1% but is to hike its 2022 GDP growth forecast from 3.8% to 4.3%.

Reuters reports, citing a source familiar with the Russian camp
The report says that Russia would support a broadly stable output by OPEC+ in May, while seeking a small hike in output for itself ahead of this week’s meeting.