CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. 76% 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.

Economic calendar: Second-tier data from Europe and US

08:02 8 May 2023
  • European indices launch new week little changed

  • Sentix index for euro area, US wholesale inventories

  • Earnings from PayPal and Palantir

European stock markets launched a new week little changed. This comes after an upbeat Asian session where major indices gained in reaction to solid Wall Street session on Friday. Oil is trading higher at the start of a new week and so is natural gas. Precious metals benefit from USD weakening.

Economic calendar for today is light with only second-tier data scheduled for release. Traders will be offered Sentix index for May from the euro area in the morning, followed by the US wholesale inventories report for March in the afternoon. ECB Lane is set to speak twice today and it may lead to some additional volatility on EUR market. PayPal and Palantir will report earnings after Wall Street session today. Things get more interesting later into the week with US CPI data on Wednesday (1:30 pm BST) and Bank of England rate decision on Thursday (12:00 pm BST). 

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9:30 am BST - Euro area, Sentix index for May. Expected: -7.9. Previous: -8.7

3:00 pm BST - US, wholesale inventories for March. Expected: 0.1% MoM. Previous: 0.1% MoM

Central bankers' speeches

  • 9:00 am BST - ECB Lane

  • 3:00 pm BST - ECB Lane

Top Wall Street earnings

  • BioNTech (BNTX.US) - before market open

  • Tyson Foods (TSN.US) - before market open

  • PayPal (PYPL.US) - after market close

  • Palantir (PLTR.US) - after market close

  • Lucid Group (LCID.US) - after market close

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.

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