Economic calendar: GDP reports from Europe, oil major earnings

European indices set to open lower
GDP data from EMU countries
Earnings from Chevron and ExxonMobil

European index futures point to a lower opening of the trading session on the Old Continent. Weak earnings from Apple and Amazon weigh on the sentiment. However, there is plenty releases scheduled for today that may brighten the picture. Q3 GDP reports from EMU countries will be released throughout the morning with German reading being the most closely watched (9:00 am BST). Data from France earlier today showed a much higher growth than expected (3.0% QoQ vs 2.1% QoQ expected) so we may see surprises in other reports as well. USD may become a little more volatile in the early afternoon when monthly core PCE data is released. Among today's earnings reporters, investors will find US oil majors - ExxonMobil, Chevron and Phillips 66.

8:00 am BST - Spain, GDP growth for Q3 2021.

Expected: 2.6% QoQ. Previous: 1.1% QoQ
Expected: 3.5% YoY. Previous: 17.5% YoY

9:00 am BST - Germany, GDP growth for Q3 2021.

Expected: 2.2% QoQ. Previous: 1.6% QoQ
Expected: 2.4% YoY. Previous: 9.8% YoY

9:00 am BST - Italy, GDP growth for Q3 2021.

Expected: 2.0% QoQ. Previous: 2.7% QoQ
Expected: 3.0% YoY. Previous: 17.3% YoY

9:00 am BST - Poland, CPI inflation for October. Expected: 6.4% YoY. Previous: 5.9% YoY

10:00 am BST - Euro area, CPI inflation for October (flash). Expected: 3.7% YoY. Previous: 3.4% YoY

10:00 am BST - Euro area, GDP growth for Q3 2021.

Expected: 1.9% QoQ. Previous: 2.2% QoQ
Expected: 3.5% YoY. Previous: 13.4% YoY

1:30 pm BST - US, data pack for September.

PCE core. Expected: 3.7% YoY. Previous: 3.6% YoY
Personal spending. Expected: 0.5% MoM. Previous: 0.8% MoM
Personal income. Expected: -0.1% MoM. Previous: 0.2% MoM

1:30 pm BST - Canada, monthly GDP report for August. Expected: 0.7% MoM. Previous: -0.1% MoM

3:00 pm BST - US, University of Michigan index for October (final). First release: 71.4

US earnings reports

ExxonMobil (XOM.US) - before market open
AbbVie (ABBV.US) - before market open
Chevron (CVX.US) - before market open
Phillips 66 (PSX.US) - before market open
Colgate-Palmolive (CL.US) - before market open

28 November 2025, 08:38

Economic calendar: German CPI and Canadian GDP in focus

28 November 2025, 08:01

BREAKING: Swiss GDP data weaker than expected 📌Spanish CPI above forecats

28 November 2025, 07:55

Consumer spending rises in France; inflation prelim declines📋

28 November 2025, 07:31

EURNOK muted after weak Germany retail sales and Norwegian unemployment

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Economic calendar: GDP reports from Europe, oil major earnings

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