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European indices set to open higher
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Factory orders and oil inventories data from US
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Fed members and ECB Lagarde scheduled to speak
European index futures point to a higher opening of a session today. Markets shrugged off rumors over potential difficulties at Credit Suisse and risk of banking crisis, leading to solid gains booked by US and Asian indices. DAX futures are currently trading around 180 pts above yesterday's cash close, signaling a solid sentiment as we had into European trade.
Economic calendar for today is very light. Investors will be offered some secont-tier releases like European PPI inflation or revision of durable goods orders. Neither of those tends to move the markets, unfortunately. However, there is a number of Fed members scheduled to speak as well as ECB President Lagarde. Oil is likely to stay volatile ahead of tomorrow's OPEC+ meeting but may see some additional short-term moves in the evening after API report.
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Create account Try a demo Download mobile app Download mobile app10:00 am BST - Euro area, PPI inflation for August. Expected: 43.2% YoY. Previous: 37.9% YoY
3:00 pm BST - US, durable goods orders for August (final).
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Headline. First release: -0.2% MoM
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Ex-transport. First release: 0.2% MoM
3:00 pm BST - US, factory orders for August. Expected: 0.1% MoM. Previous: -1.0% MoM
9:40 pm BST - API report on US oil inventories. Expected: +1.9 mb
Central bankers' speeches
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2:00 pm BST - Fed Williams
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2:15 pm BST - Fed Mester
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4:00 pm BST - ECB President Lagarde
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4:45 pm BST - Fed Jefferson
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6:00 pm BST - Fed Daly
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