There's a raft of economic data coming out in the next few hours 4 May 2016

Whether the markets are focussed on data in Europe right now is debatable but with the US Fed still working on a case-by-case basis for rate hikes I'm sure today's data will be keenly dissected.

Ultimately though it's all about flow right now and we need to respect what's happening in front of us as well as looking at the bigger picture.

First up is the ADP non-farm employment change at 12.15 GMT which is Ryan has previewed but after that comes:

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