- European indices set to open higher
-
Speeches from Fed members
-
EIA report on oil inventories
-
Disney to report Q1 earnings after market close
European index futures point to a higher opening of the European cash session. Asian equity markets were mixed on Wednesday as investors assessed Fed Chair Jerome Powell’s latest remarks where he said more rate hikes will likely be needed if the jobs market remains strong, but maintained that disinflation has begun. Looking at the economic calendar for the day ahead we can see that there are barely any releases scheduled and those that are rarely trigger major market moves. Speeches from central bankers look like the most likely source of volatility today. Most awaited speeches will come from Fed Williams (2:15 pm GMT) and Fed Waller (6:45 pm GMT). Energy traders will focus on the EIA report on 3:30 pm GMT as it may trigger some more volatility on the oil market. Last but not the least, a number of US companies are set to report earnings today with Disney and Uber being the highlights.
9:00 am GMT - Italy, retail sales for December. Expected: 0.8% MoM. Previous: 0.8% MoM
Start investing today or test a free demo
Open real account TRY DEMO Download mobile app Download mobile app3:00 pm GMT - US, wholesale inventories for December. Expected: 0.1% MoM. Previous: 0.9% MoM
3:30 pm GMT - DOE report on oil inventories.
• Oil inventories. Expected: +2.457 mb (API: -2.184 mb)
• Gasoline inventories. Expected: +1.271 mb (API: +5.261 mb
• Distillate inventories. Expected: +0.097 mb (API: +1.109 mb)
5:00 pm GMT - WASDE report
Central bankers' speeches
-
2:15 pm GMT - Fed Williams
-
3:00 pm GMT - ECB Knot
-
3:00 pm GMT - Fed Barr
-
6:45 pm GMT - Fed Waller
Top Wall Street earnings
-
CVS Health (CVS.US) - before market open
-
Fox Corporation (FOX.US) - before market open
-
Uber (UBER.US) - before market open
-
Yum (YUM.US) - before market open
-
Robinhood Markets (HOOD.US) - after market close
-
Walt Disney (DIS.US) - after market close
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.