Economic calendar: DOE report, Uber earnings

• European markets set to open higher

• Earnings from Walt Disney and Uber Technologies

• API report showed unexpected drop in US oil inventories

European futures markets point to a higher opening of the cash session on the Old Continent today. Major European stock indices are set to open around 1% above yesterday's closing levels. Economic calendar for the day ahead is light with just some second tier macro readings scheduled. Oil may see some moves on the DOE report release, following a surprising drop in energy inventories signalled by API yesterday. CAD and USD could become more active in the afternoon when Fed and BoC members speak. Among top earnings reports of the day one can find Walt Disney or Uber Technologies.

9:00 am GMT - Italy, industrial production for December. Expected: -0.6% MoM. Previous: +1.9% MoM

3:00 pm GMT - US, wholesale inventories for December. Expected: +2.1% MoM. Previous: +1.4% MoM

3:30 pm GMT - DOE report on oil inventories.

• Oil inventories. Expected: +0.7 mb (API: -2.0 mb)

• Gasoline inventories. Expected: +1.5 mb (API: -1.1 mb)

• Distillate inventories. Expected: -1.5 mb (API: -2.2 mb)

Central bankers' speeches

• 2:00 pm GMT - NBP Governor Glapiński

• 3:30 pm GMT - Fed's Bowman

• 5:00 pm GMT - BoC Governor Macklem

• 5:00 pm GMT - Fed's Mester

Wall Street earnings

• CME Group (CME.US) - before market open

• CVS Health (CVS.US) - before market open

• Fox Corporation (FOXA.US) - before market open

• Walt Disney (DIS.US) - after market close

• Uber Technologies (UBER.US) - after market close

• Zynga (ZNGA.US) - after market close