08:33 · 2 December 2021

Economic calendar: OPEC+ meeting, Fed speakers

OIL
Commodities
-
-
OIL.WTI
Commodities
-
-
  • European indices set to open lower

  • OPEC+ meeting

  • Fed speakers in the evening

European index futures point to a lower opening of the cash trading session today. However, major indices from the Old Continent are expected to launch today's trading around 0.5-1.0% above overnight lows. Omicron remains one of the key themes in the markets and yesterday's plunge in US equities triggered by the first US case is a perfect example of how closely the story is watched by market participants.

Economic calendar for the day ahead is light with a lack of top-tier releases scheduled. However, it should be remembered that OPEC+ is set to meet today to decide on output (around 1:00 pm GMT). There are no hints on what the cartel could do (representatives remained silent after yesterday's OPEC meeting) therefore there is a big chance for volatile moves on the oil market in the early afternoon.

10:00 am GMT - Euro area, PPI inflation for October. Expected: 19.1% YoY. Previous: 16.0% YoY

1:30 pm GMT - US, weekly jobless claims. Expected: 240k. Previous: 199k

3:30 pm GMT - EIA natural gas storage. Expected: -58 bcf. Previous: -21 bcf

Central bankers' speeches

  • 1:30 pm GMT - Fed Bostic

  • 4:00 pm GMT - Fed Quarles

  • 4:30 pm GMT - Fed Daly

  • 4:30 pm GMT - Fed Bostic

17 October 2025, 19:03

Daily summary: Trump remarks helps Wall Street 📈Precious metals decline

17 October 2025, 17:37

Fed's Musalem remarks on the US economy and tariffs🗽

17 October 2025, 12:37

The AI Fever: Bubble or Will It Keep Rising?

17 October 2025, 10:01

BREAKING: Final inflation reading matches expectations. Core HICP inflation marginally higher

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 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. XTB 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.

Join over 1.7 Million investors from around the world