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European stocks seen opening lower
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US CPI seen slowing significantly in April
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A lot of Fed members scheduled to speak today
European index futures point to a slightly lower opening of today's cash session. Risk-on moods were harmed by concerns over the second wave of infections. Chinese ban on Australian beef imports also may play a role as it is rumoured that it came as a retaliation for blaming China for the coronavirus outbreak. There are not too many releases scheduled for today. US CPI is the most important one but it should not have too much of an impact on the markets. Range of Fed speakers could have a bigger impact on USD.
1:30 pm BST - US, CPI inflation for April.
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Headline. Expected: 0.4% YoY. Previous: 1.5% YoY
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Core. Expected: 1.7% YoY. Previous: 2.1% YoY
9:40 pm BST - API report on oil inventories. Expected: +5.2 mb. Previous: +8.44 mb
Central bankers' speeches
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2:00 pm BST - Fed's Bullard
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2:00 pm BST - Fed's Kashkari
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3:00 pm BST - Fed's Harker
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3:00 pm BST - Fed's Quarles
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3:30 pm BST - ECB's Stournaras
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10:00 pm BST - Fed's Mester
Noteworthy earnings releases
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Duke Energy (DUK.US) - before market open
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