-
European markets set for higher opening
-
API report on oil inventories
Futures markets point to a higher opening of the European cash session today. Asian equities booked strong gains for the second day in a row and indices from the Old Continent seem to follow into their footsteps… at least for now.
Economic calendar today lacks any major data releases. HUF may become a bit more volatile in the early afternoon as a rate decision from Hungarian National Bank will be announced. Apart from that, oil may move a bit on API report release in the evening.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appUS President Joe Biden is expected to deliver a speech on the withdrawal of US troops from Afghanistan at 5:00 pm BST. A virtual G7 meeting is scheduled earlier at 2:30 pm BST. However, these events should not have a major impact on the markets.
9:00 am BST - Poland, unemployment rate for July. Expected: 5.8%. Previous: 5.9%
1:00 pm BST - Hungarian National Bank rate decision
3:00 pm BST - US, new home sales for July. Expected: 698k. Previous: 676k
3:00 pm BST - US, Richmond Fed index for August. Expected: 26. Previous: 27
9:40 pm BST - API report on oil inventories. Expected: -2.4 mb. Previous: -1.16 mb
US earnings reports
-
Best Buy (BBY.US) - before market open
-
Bank of Montreal (BMO.US) - before market open
-
Nordstrom (JWN.US) - after market close
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
