CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Economic calendar: Fed speakers, US bank earnings

07:42 14 October 2021
  • European markets set to open higher

  • 6 Fed members to deliver speeches

  • Wells Fargo, Citigroup and Morgan Stanley to report earnings today 

European markets are set to open higher today, following upbeat sessions on Wall Street and in Asia. FOMC minutes failed to trigger any major moves as markets were already expecting tapering to be announced this year. Commodity currencies like AUD, CAD and NZD are leading on the FX market while JPY and USD lag the most.

There are no top-tier releases scheduled for today but investors will still find something to focus on. Namely, a range of Fed members will deliver speeches today. Hints on when tapering should start would be welcome but it should be noted that it is unlikely that we will see wild price moves. Oil may become somewhat more volatile in the afternoon when the DOE report is released. 

8:00 am BST - Spain, CPI inflation for September (final). First release: 4.0% YoY

1:30 pm BST - US, PPI inflation for September.

  • Headline. Expected: 8.7% YoY. Previous: 8.3% YoY

  • Core. Expected: 7.1% YoY. Previous: 6.7% YoY

1:30 pm BST - US, jobless claims. Expected: 330k. Previous: 326k

3:30 pm BST - EIA natural gas storage. Expected: 115 bcf. Previous: 118 bcf

4:00 pm BST - DOE report on oil inventories.

  • Oil inventories. Expected: -0.7 mb

  • Gasoline inventories. Expected: -0.1 mb

  • Distillate inventories. Expected: -0.9 mb

Central bankers' speeches

  • 1:30 pm BST - Fed Bullard

  • 2:00 pm BST - Fed Bostic

  • 6:00 pm BST - Fed Williams

  • 6:00 pm BST - Fed Daly

  • 6:00 pm BST - Fed Barkin

  • 11:00 pm BST - Fed Harker

Wall Street earnings

  • Wells Fargo (WFC.US) - before market open

  • Morgan Stanley (MS.US) - before market open

  • Citigroup (C.US) - before market open

  • Bank of America (BAC.US) - before market open

  • Walgreens Boots Alliance (WBA.US) - before market open

This content has been created by X-Trade Brokers Dom Maklerski S.A. This service is provided by X-Trade Brokers Dom Maklerski S.A. (X-Trade Brokers Brokerage House joint-stock company), with its registered office in Warsaw, at Ogrodowa 58, 00-876 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. X-Trade Brokers Dom Maklerski S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Back