-
European indices set to open slightly higher
-
Germany IFO index and US Conference Board index
-
General Electric, Johnson & Johnson and Microsoft to report earnings today
European blue chips indices are set for a higher opening of today's cash session following a stunning reversal on Wall Street yesterday. However, main reasons behind the recent sell-off - Fed tightening and Russia-Ukraine tensions - are still present so traders should keep on guard, at least until the FOMC decision announcement tomorrow at 7:00 pm GMT.
Economic calendar for today is light. Traders will be offered German IFO index in morning and US Conference Board reading in the afternoon. Oil traders will focus on API data in the evening. While there are not too many economic releases scheduled for today, the earnings calendar is flooded with reports from top US companies. Investors will be offered financials from 3M, General Electric, Johnson&Johnson, Microsoft and Verizon Communications, among others.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app9:00 am GMT - Germany, IFO business climate for January. Expected: 94.7. Previous: 94.7
3:00 pm GMT - US, Conference Board Consumer Confidence for January. Expected: 111.5. Previous: 115.8
3:00 pm GMT - US, Richmond manufacturing index for January. Expected: 14.0. Previous: 16.0
9:40 pm GMT - US, API report on oil inventories. Expected: +0.5 mb. Previous: +1.4 mb
Top Wall Street earnings releases
-
3M (MMM.US) - before market open
-
American Express (AXP.US) - before market open
-
Archer Daniels Midland (ADM.US) - before market open
-
General Electric (GE.US) - before market open
-
Johnson&Johnson (JNJ.US) - before market open
-
Lockheed Martin (LMT.US) - before market open
-
Microsoft (MSFT.US) - after market close
-
Verizon Communications (VZ.US) - before market open
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.
