CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% 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. 72% 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.

07:23 · 25 October 2021

Economic calendar: German survey data and Facebook earnings

  • European markets seen opening flat

  • German IFO index for October

  • Facebook Q3 earnings

Futures markets point to a flat opening of the European session today. Moods during the Asian session were mixed and equities from the region struggled to find a common direction. Meanwhile, moods on the FX market were rather positive with safe haven currencies (JPY, CHF) dropping. Turkish lira reached another record low against EUR and USD after the Turkish president expelled 10 ambassadors from the country.

Economic calendar for the day ahead is quite empty. German IFO index will be released in the morning and it is the only reading from the world's top economies scheduled for today. However, investors will also be offered Q3 earnings reports from US companies, including report from Facebook (FB.US) after the close of the Wall Street session.

9:00 am BST - Germany, IFO index for October. Expected: 97.8. Previous: 98.8

9:00 am BST - Poland, unemployment rate for September. Expected: 5.7%. Previous: 5.8%

US earnings reports

  • Facebook (FB.US) - after market close

  • Cadence Design Systems (CDNS.US) - after market close

  • Kimberly-Clark Corporation (KMB.US) - before market open

  • Restaurant Brands International (QSR.US) - before market open

  • Logitech International (LOGI.US) - after market close

  • Crown Holdings (CCK.US) - after market close

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