Economic calendar: Jobless claims data in focus

Mixed moods ahead of European session open
Jobless claims seen falling slightly
Monthly Chinese data to be released overnight

Global stock markets managed to recover from a drop yesterday and US indices closed just slightly below record, pre-pandemic levels. However, moods ahead of the European session launch are not too optimistic. Stock futures from the Old Continent trade slightly lower. There are no major releases scheduled for the European and US session today but jobless claims report could offer some volatility. Chinese data released overnight may have some impact on the markets.

8:00 am BST - Spain, CPI inflation for July (final). Preliminary release: -0.6% YoY

1:30 pm BST - US, jobless claims data. Expected: 1140k. Previous: 1186k

3:30 pm BST - US, natural gas storage. Expected: 51 bcf. Previous: 33 bcf

Asian session ahead

3:00 am BST - Monthly data from China for July.

Retail sales. Expected: 0.1% YoY
Industrial production. Expected: 5.1% YoY

Noteworthy US earnings

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📊Market Wrap: Europe Rebouns Despite Higher Oil and Dollar (12.10.2026)

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