- European indices set for higher opening
- Spanish retail sales, US jobless claims
- US oil and natural gas inventories reports
European index futures point to a slightly higher opening of today's cash session on the Old Continent. This comes after small gains were booked on Wall Street yesterday and after indices from Asia-Pacific traded higher during the session earlier today. JPY is the best performing major currency while USD lag the most.
Economic calendar for today is light but includes some interesting releases. EUR may see some moves when Spanish retail sales reading is released at 8:00 am GMT. However, things get more interesting in the afternoon with release of US jobless claims and trade balance reports. Energy traders will focus on oil and natural gas inventory data from the United States.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app8:00 am GMT - Spain, retail sales for November. Expected: 3.9% YoY. Previous: 5.0% YoY
1:30 pm GMT - US, jobless claims data.
- Initial jobless claims. Expected: 211k. Previous: 205k
- Continued jobless claims. Expected: 1875k. Previous: 1865k
1:30 pm GMT - US, trade balance for November. Expected: -$88.4 billion. Previous: -$89.6 billion
3:00 pm GMT - US, pending home sales for November. Expected: 1.0% MoM. Previous: -1.5% MoM
3:30 pm GMT - EIA natural gas storage report. Expected: -80 bcf. Previous: -87 bcf
4:00 pm GMT - DOE report on US oil inventories.
- Oil inventories. Expected: -2.5 mb (API: +1.84 mb)
- Gasoline inventories. Expected: +0.2 mb
- Distillate inventories. Expected: +0.6 mb
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.
