- European markets set to open slightly lower
- US jobless claims and producer price index for July
- UK economy expands 4.8% in Q2
European stock markets are set to launch today's cash trading slightly lower, following a mixed performance of equities during the Asian session. Economic calendar for the European session is relatively quiet as the most important readings - UK prelim 2nd quarter GDP numbers along with industrial and manufacturing production data has already been released at 7:00 am BST. UK gross domestic product grew by 4.8 % in the latest quarter, recovering from a 1.6 % contraction in the previous three-month period.
When it comes to the US trading hours, investors will be offered wholesale inflation and weekly jobless claims figures. Following the strong NFP report, a marked fall in claims would support the greenback. Yesterday's inflation data triggered some uncertainty about further steps of the Fed. An impressive fall in jobless claims would reignite talk of a near-term move by the FED. A sharp decline in the number of jobless claims would increase expectations of an earlier tightening of the US monetary policy.
إبدأ بالإستثمار اليوم أو تدرّب على حساب تجريبي
إنشاء حساب حساب تجريبي تحميل تطبيق الجوال تحميل تطبيق الجوال10:00 am BST - Eurozone, Industrial Production for June. Expected: 10.4% YoY. Previous: 20.5% YoY
1:30 pm BST - US, Producer Price Index for July. Expected: 7.3% YoY. Previous: 7.3% YoY
1:30 pm BST - US, Core Producer Price Index for July. Expected: 5.6% YoY. Previous: 5.6% YoY
1:30 pm BST - US, Initial Jobless Claims. Expected: 375k. Previous: 385k
Top earnings reports of the day:
Palantir Technologies Inc. (PLTR.US) - before market open
Airbnb (ABNB.US) - after market close
Walt Disney (DIS.US) - after market close
