Not much on the agenda in Europe today

<p>The sort of lull in European morning trade looks set to carry over to the new week and a lack of key economic data releases today won't help much with the mood. Major currencies and general equities sentiment remain rather tentative and that is setting up for a bit of a lackluster start to the session ahead.</p><p>China is the one in the headlines today but the <a href="https://www.forexlive.com/centralbank/pboc-loan-prime-rates-lpr-cut-1-year-345-prior-355-5-year-42-prior-420-20230821/" target="_blank" rel="follow">rate cut delivered by the PBOC</a> was not as expected, and that is weighing on regional sentiment with the yuan being punished.</p><p>If anything else, continue to keep an eye out on the bond market for further clues. Later on in the week, central bank focus will return via the Jackson Hole symposium – in which we will see Fed chair Powell speak on Friday.</p><p>0600 GMT – Germany July PPI figures0800 GMT – SNB total sight deposits w.e. 18 August</p><p>That's all for the session ahead. I wish you all the best of days to come and good luck with your trading! Stay safe out there.</p>

This article was written by Justin Low at www.forexlive.com.