Economic calendar: Focus on US stimulus talks

9:30 am 20 October 2020

  • European futures trade lower

  • US stimulus talks deadline runs today

  • Netflix to publish earnings after Wall Street closes

European and US indices pulled back yesterday and another lower opening of the European cash session is expected today. Today runs the deadline Democrats have set for reaching agreement on the US stimulus bill in case it is to be implemented before US elections. This will be a key theme to watch today and lack of agreement could exert some pressure on equities. Apart from that, the economic calendar looks empty and no major macro releases are scheduled for today. Netflix will publish its Q3 earnings report today after the US session closes.

9:00 am BST - Poland, industrial production for September. Expected: 3.8% YoY. Previous: 1.5% YoY

1:00 pm BST - Central Bank of Hungary rate decision. Expected: 0.6%. Previous: 0.6%

1:30 pm BST - US, housing market data for September.

  • Building permits. Expected: 1520k. Previous: 1476k

  • Housing starts. Expected: 1457k. Previous: 1416k

9:40 pm BST - API report on oil stocks. Expected: -0.2 mb

Central bankers' speeches

  • 3:50 pm BST - Fed Clarida

  • 4:00 pm BST - ECB Lagarde

  • 8:00 pm BST - Fed Brainard

Noteworthy US earnings releases

  • Lockheed Martin (LMT.US) - before market open

  • Netflix (NFLX.US) - after market close

  • Travelers (TRV.US) - before market open

  • Philip Morris (PM.US) - before market open

  • Procter & Gamble (PG.US) - before market open

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