EUROPEAN SESSIONIn the European session, we don't have much on the agenda other than a couple of low tier releases like the Swiss unemployment rate and the Eurozone retail sales. None of the data won't change anything for the respective central banks, so the market reaction will likely be muted. AMERICAN SESSIONIn the American session, the calendar is going to be light as well, with just the weekly US ADP data and the US trade balance on the agenda. These are not market moving releases and they won't change anything for the Fed anyway. The market focus will likely remain on US-Iran developments and the bond market volatility. The recent de-escalation and ongoing negotiations have put a lid on oil prices, although there have been also reports of a rebound in oil exports to 92% of pre-war levels due to ships being escorted with US military assistance and bypasses using pipelines. Nevertheless, a re-escalation could increase the risk premium again and send oil prices higher, so traders will need to keep an eye on that.CENTRAL BANK SPEAKERS08:30 GMT/04:30 ET - BoE's Mann (hawkish - voter)11:45 GMT/07:45 ET - ECB's Zigman (neutral - voter)13:00 GMT/09:00 ET - ECB's Cipollone (neutral - voter)13:05 GMT/09:05 ET - Fed's Williams (neutral - voter)14:45 GMT/10:45 ET - Fed's Bowman (dovish - voter)17:15 GMT/13:15 ET - Fed's Schmid (hawkish - non voter) This article was written by Giuseppe Dellamotta at investinglive.com.