Economic calendar: light macro calendar, quarterly report from MicroStrategy 📣

• European contracts gain at the start of the session
• Retail sales from Europe and Ivey PMI from Canada
• Quarterly reports from MicroStrategy and Spotify

The second day of the week appears to be relatively calm in terms of macroeconomic publications. The most important releases have already taken place in the first part of the day. Investors learned about the cash rate decision of the Reserve Bank of Australia and factory orders from Germany.

In the second part of the day, investors can look forward to retail sales data from Europe, including the Eurozone. Then we move across the ocean, where at 1:30 PM GMT, the Ivey PMI report from Canada will be published, followed by the EIA report on U.S. crude oil inventories towards the end of the day.

More interesting events today might include speeches from central bankers and the publication of companies' quarterly reports. Particularly anticipated are reports from MicroStrategy, Ford, and Spotify.

Detailed calendar of the day:

01:30 PM GMT, Canada - Building Permits for December:

• forecast 1.8% MoM; previous -3.9% MoM;

03:00 PM GMT, Canada - PMI Data for January:

• Ivey PMI n.s.a: previous 43.7;
• Ivey PMI: forecast 55.0; previous 56.3;

09:30 PM GMT, United States - EIA Data:

• API Weekly Crude Oil Stock: previous -2.500M;

Speeches from bankers:

• 05:00 PM GMT, United States - FOMC Member Mester Speaks
• 06:00 PM GMT, United States - FOMC Member Kashkari Speaks
• 06:00 PM GMT, Canada - BoC Chairmann Maclem Speaks

Quarterly reports:

• Ford Motor (F.US) - After market close
• MicroStrategy (MSTR.US) - After market close
• Spotify (SPOT.US) - before market open