Mixed moods ahead of European open
Brexit decision day
US retail sales for September
European futures point to a more or less flat opening of the European session. Another record number of Covid-19 cases was reported yesterday and moods are mixed ahead of the weekend. Boris Johnson is expected to give an answer to the European Union whether he will continue Brexit talks or not. This is a key thing to look out for today but it is expected that he will let negotiations continue.. Apart from that, US retail sales data as well as Wall Street earnings will catch an eye in the afternoon.
10:00 am BST - Euro area, CPI inflation for September (final). First release: -0.3% YoY
1:30 pm BST - US, retail sales for September. Expected: 0.5% MoM. Previous: 0.7% MoM
2:15 pm BST - US, industrial production for September. Expected: 0.5% MoM. Previous: 0.4% MoM
3:00 pm BST - US, University of Michigan consumer sentiment for October. Expected: 80.5. Previous: 80.5
Noteworthy US earnings
State Street (STT.US) - before market open
Bank of New York Mellon (BK.US) - before market open
Schlumberger (SLB.US) - before market open
VF Corporation (VFC.US) - before market open
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