Economic calendar: Trump's assassination attempt, Powell's speech

9:26 am 15 July 2024

  • European indices set to open lower
  • USD gains after Trump's assassination attempt
  • Speech from Fed Chair Powell
  • Earnings from BlackRock and Goldman Sachs

European index futures point to a lower opening of the cash session on the Old Continent today. Weekend assassination attempt on Donald Trump boosted USD and US yields, and is expected to increase likelihood of Trump winning November elections. However, apart from that, markets have been rather calm. Indices from China traded mixed after Q2 GDP data missed expectations.

Economic calendar for the day ahead is light. Traders will be offered revised CPI data from Poland as well as euro area industrial production print. New York Fed index is the only economic release scheduled for the US session. However, traders will also get to hear from Fed Chair Powell at 5:00 pm BST, who will participate in conversation at Economic Club of Washington. Among today's earnings highlights one can find Q2 reports fromm Goldman Sachs and BlackRock.

9:00 am BST - Poland, CPI inflation for June (final). First release: 2.6% YoY

10:00 am BST - Euro area, industrial production for May.

  • Annual. Expected: -3.6% YoY. Previous: -3.0% YoY
  • Monthly. Expected: -1.1% MoM. Previous: -0.1% MoM

1:30 pm BST - US, New York Empire State index for July. Expected: -5.5. Previous: -6.0

Central bankers' speeches

  • 5:00 pm BST - Fed Chair Powell
  • 9:35 pm BST - Fed's Daly

Top Wall Street earnings releases

  • Goldman Sachs (GS.US) - before market open
  • BlackRock (BLK.US) - before market open

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