The euro is still struggling against a range of currencies and fell to a 5-year low against the dollar this morning. This followed news that Russian gas supplier, Gazprom, has stopped supplies to Poland and Bulgaria. There is now concern that this could extend to other countries, such as Germany and France.
There will be a series of European economic data releases this morning, including economic and industrial sentiment figures, as well as consumer confidence. This will paint a picture of how the eurozone economy has performed in April.
In addition to this, we can expect speeches from three European Central Bank officials.
