- European indices set for higher opening
- Flash PMIs, rate decisions and GDP reports in the week ahead
- Earnings reports from top US tech companies
European index futures point to a higher opening of the cash session on the Old Continent today. Some relief can be seen in the markets after Israel did not launch its ground invasion of Gaza Strip - a move that would likely lead to an escalation and potential spillover across the region. Equities trade higher while oil and gold pull back.
Economic calendar for today is empty but things get more interesting later into the week. Traders will be offered flash PMI from Europe and US on Tuesday, followed by BoC rate decision on Wednesday. ECB and CBRT will announce their decisions on Thursday while US and Spanish Q3 GDP reports will be released on Thursday and Friday, respectively. Last but not least, earnings reports from top US tech companies will be released throughout the week.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appCentral bankers' speeches
- ECB Centeno
Top Wall Street earnings today
- Cleveland-Cliffs (CLF.US) - after market close
- Calix (CALX.US) - after market close
- Cadence Design Systems (CDNS.US) - after market close
- Logitech (LOGI.US) - after market close
- Medpace Holdings (MEDP.US) - after market close
Key events to watch in the later part of the week:
Tuesday
- 8:15 am BST - France, flash PMIs for October
- 8:30 am BST - Germany, flash PMIs for October
- 9:00 am BST - Euro area, flash PMIs for October
- 9:30 am BST - UK, flash PMIs for October
- 2:45 pm BST - US, flash PMIs for October
- Earnings from Alphabet (GOOGL.US) and Microsoft (MSFT.US)
Wednesday
- 1:30 am BST - Australia, CPI inflation for Q3 2023
- 3:00 pm BST - Bank of Canada rate decision
- Earnings from IBM (IBM.US) and Meta Platforms (META.US)
Thursday
- 12:00 pm BST - CBRT rate decision
- 1:15 pm BST - ECB rate decision
- 1:30 pm BST - US, GDP report for Q3 2023
- Earnings from Amazon (AMZN.US) and Intel (INTC.US)
Friday
- 8:00 am BST - Spain, GDP report for Q3 2023
- 1:30 pm BST - US, PCE inflation for September
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.
