ECB president Lagarde scheduled to speak at 1000 GMT
Lagarde will be speaking about the global economy in a , which should go on for about 30 minutes. As such, there might be some room to touch on policy here but I wouldn’t expect her to break rank in the way that Kazaks did earlier .

BOE governor, Andrew Bailey, will provide more details at 1200 GMT
You can watch that live here:

The BOE starts off with a bit of a technical taper, if you want to call it that
You can call it algos. You can call it a bit of a messy release with some separation between the statement and the monetary policy minutes/report. But at the end of it, the pound looks destined for a

Latest data released by Challenger, Gray, and Christmas Inc
– 30.60k
The 22,913 job cuts by US-based employers last month is the lowest monthly total since June 2000 as this adds to another sign that the labour market is slowly finding its footing again as businesses and consumers start to feel more upbeat.

Did anyone else feel that the release was a little messy?
But when the monetary policy report was released (nearly a minute later, or at least that was what I was getting when refreshing the site), it made a mention to this:

BOE announces its latest monetary policy decision – 6 May 2021
The economic forecasts are upbeat and the BOE steered clear of any firm messaging about tapering although they are talking about slowing down QE purchases.

Forex news from the European trading session – 5 May 2021
Headlines:
Markets:
– NZD leads, CHF lags on the day
– European equities higher; S&P 500 futures up 0.4%

Latest data from the Mortgage Bankers Association for the week ending 30 April 2021
–  -2.5%
– Market index 700.4 vs 706.6 prior
– Refinancing index 3,188.7 vs 3,185.3 prior
The drop in mortgage applications in the past week stems from a decline in purchase activity once again, which has been keeping more subdued in recent months amid the jump

The greenback eases slightly across the board
EUR/USD has pared its earlier losses from 1.1990 to 1.2015 while GBP/USD has also bounced off lows of 1.3876 to 1.3925 currently as the dollar eases a little.

Remarks by UK prime minister, Boris Johnson
Adding that a second Scottish independence is „reckless“.
The UK local elections takes place tomorrow and while the Tories will have no issues on the political front, a lot of eyes will be on whether or not the SNP can garner a majority in Scotland and push forward with a