-
European indices set for flat opening
-
US and Canadian jobs data at 1:30 pm GMT
-
G7 discusses $60 per barrel cap on Russian oil
European index futures point to a more or less flat opening of the cash session on the Old Continent after overnight losses were erased in the run-up to the session launch. DAX futures trade around 20 points below yesterday's cash close at press time. EURUSD holds above 1.05 after receiving a boost from dovish comments from Fed members. Gold tests $1,800 handle while oil trades a touch lower on the day.
The day ahead is all about jobs data from the North American with focus being on the US NFP report for November. Fed members started to tout slowing rate hikes and investors will look whether labor market data supports this view. As it is usually the case, Canadian jobs reports will be released simultaneously so USDCAD traders should stay on guard as volatility on the pair is likely to spike. Apart from that, discussions on price cap on Russian oil are ongoing and G7 countries are said to be close to agreeing on a $60 per barrel limit.
Start investing today or test a free demo
Open real account TRY DEMO Download mobile app Download mobile app10:00 am GMT - Euro area, PPI inflation for October. Expected: 31.5% YoY. Previous: 41.9% YoY
1:30 pm GMT - US, NFP report for November.
-
Non-farm payrolls. Expected: 200k. Previous: 261k
-
Unemployment rate. Expected: 3.7%. Previous: 3.7%
-
Wage growth. Expected: 4.6% YoY. Previous: 4.7% YoY
1:30 pm GMT - Canada, jobs report for November.
-
Employment change. Expected: +5.5k. Previous: +119.3k
-
Unemployment rate. Expected: 5.3%. Previous: 5.2%
Central bankers' speeches
-
7:45 am GMT - ECB Villeroy
-
12:00 pm GMT - ECB De Guindos
-
1:30 pm GMT - ECB Nagel
-
2:15 pm GMT - Fed Barkin
-
3:15 pm GMT - Fed Evans
-
7:00 pm GMT - Fed Evans
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.
