-
China and the United States to sign trade deal at 4:30 pm GMT
-
German 2019 GDP estimate to be released in the morning
-
Earnings from Goldman Sachs, BlackRock and Unitedhealth Group
8:30 am GMT - Sweden, CPI inflation for December. Expected: 1.8% YoY. Previous: 1.8% YoY
9:00 am GMT - Germany, GDP growth estimate for 2019. First official estimate of the German GDP growth in 2019 will be released today by the German Federal Statistical Office. It is expected that the reading will show 0.6%, marking a significant slowdown from 1.5% recorded in 2018.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app9:30 am GMT - UK, CPI inflation for December. GBP lost some ground after the elections and lacklustre production data released on Monday did not help the currency recover either. Sterling will get another chance today with CPI release. Data is expected to show headline measure staying unchanged at 1.5% YOY and core gauge remaining at 1.7% YoY.
10:00 am GMT - Euro area, industrial production for November. Annual industrial production in the euro area has contracted in each month of 2019 and the situation is expected to continue in November with a reading of -1.1% YoY (-2.2% previously). However, it should be noted that release of this data rarely has an impact on EUR.
1:30 pm GMT - US, Empire manufacturing index for January. Expected: 3.6 pts. Previous: 3.5 pts
3:30 pm GMT - DOE report on oil inventories. API report released yesterday showed an unexpected build of 1.1 million barrels. DOE report scheduled for today is expected to report a small increase in crude oil inventories and major builds in gasoline and distillate stockpiles.
4:30 pm GMT - ‘Phase One’ trade deal signing. China and the United States will sign the ‘Phase One’ trade deal today. Signing was well communicated so the act of signing alone should not have a major impact on the market. However, Steven Mnuchin said that related documents will be published today and the release could spur some additional volatility depending on the content.
Central bankers’ speeches
-
8:40 am GMT - ECB’s Holzmann
-
8:40 am GMT - BoE’s Saunders
-
3:30 pm GMT - ECB’s Villeroy
-
4:00 pm GMT - Fed’s Daly
-
4:00 pm GMT - Fed’s Harker
-
5:00 pm GMT - Fed’s Kaplan
Major earnings releases
-
Bank of America (BAC.US)
-
BlackRock (BLK.US)
-
Charles Schwab (SCHW.US)
-
Goldman Sachs (GS.US)
-
Unitedhealth Group (UNH.US)
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.
