We could get the announcement of a new ECB vice president today

The current Vice President of the European Central Bank (ECB), Luis de Guindos, has been in office since June 2018 but will step down in May. The selection for a new vice president is ongoing, with a Eurogroup meeting discussing this agenda. A decision may occur today, but it requires at least 16 out of 21 countries' support, covering 65% of the population. The frontrunner for the position is Mário Centeno, the former governor of the Bank of Portugal, but his election is considered 'difficult' despite some ongoing hope. Other names mentioned include Martins Kazaks, Olli Rehn, Boris Vujčić, Madis Müller, and Rimantas Šadžius. A more significant decision awaits concerning the next ECB President, as Christine Lagarde's term will end in October 2027. The Eurogroup meeting is expected to conclude at 18:45 CET, followed by a press conference. Regarding market movements, the euro has risen by 44 pips to 1.1641 today, but a significant reaction isn't anticipated; instead, comments about Greenland could drive any market activity.