-
European indices set to open lower
-
Core PCE inflation from the United States
-
Caterpillar to report earnings today
Futures markets point to a lower opening of the European cash session, following a late-reversal on Wall Street yesterday. However, bearish price gaps for major European blue chips indices are expected to be rather small and not exceed 1%. The day ahead looks interesting especially for investors from Europe with Spanish and German GDP reports scheduled for release. A French report released earlier in the day turned out to be better-than-expected. When it comes to the afternoon session, attention will be focused on a pack of monthly data from the United States, including PCE core inflation for December. Last but not least, investors will be offered earnings from Caterpillar, company seen as bellwether for global industry, as well as oil companies Chevron and Phillips 66.
8:00 am GMT - Spain, GDP report for Q4 2021. Expected: +1.4% QoQ. Previous: +2.6% QoQ
Start investing today or test a free demo
Open real account TRY DEMO Download mobile app Download mobile app9:00 am GMT - Germany, GDP report for Q4 2021. Expected: -0.3% QoQ. Previous: +1.7% QoQ
1:30 pm GMT - US, monthly data pack for December.
-
Personal spending. Expected: -0.5% MoM. Previous: +0.6% MoM
-
Personal income. Expected: +0.5% MoM. Previous: +0.4% MoM
-
PCE core. Expected: 4.8% YoY. Previous: 4.7% YoY
3:00 pm GMT - US, University of Michigan consumer sentiment for January (final). First release: 68.8.
Top Wall Street earnings reports
-
Caterpillar (CAT.US) - before market open
-
Chevron (CVX.US) - before market open
-
Phillips 66 (PSX.US) - before market open
-
V. F. Corporation (VFC.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.
