- European indices set to open lower
- Jobless claims data and Challenger report on lay-offs
- Second-tier releases from Europe
European index futures point to a lower opening of today's cash session on the Old Continent. This comes after a downbeat trading on Wall Street yesterday and a bearish Asia-Pacific session earlier today. Bitcoin resume climb after one-day pause and is trading 0.5% higher on the day. Oil is up 1%, recovering part of yesterday's slump, while natural gas prices drop almost 2%.
Economic calendar for today includes some second-tier data from Europe, like industrial production and retail sales from Italy or revision of euro area Q3 GDP report, as well as US labour market data (jobless claims and Challenger report on planned lay-offs). NATGAS traders will watch today's EIA report closely, as it is expected to show a big drop in natural gas inventories.
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Open account Try demo Download mobile app Download mobile app9:00 am GMT - Italy, industrial production for October. Expected: -0.4% MoM. Previous: 0.0% MoM
10:00 am GMT - Euro area, GDP report for Q3 2023 (revision). Second release: -0.1% MoM
10:00 am GMT - Italy, retail sales for October. Expected: +0.1% MoM. Previous: -0.3% MoM
12:30 pm GMT - US, Challenger report for November.
1:30 pm GMT - Canada, building permits for October. Expected: 2.8% MoM. Previous: -6.5% MoM
1:30 pm GMT - US, jobless claims data.
- Initial jobless claims. Expected: 222k. Previous: 218k
- Continuing claims. Expected: 1910k. Previous: 1927k
3:00 pm GMT - US, wholesale inventories for October. Expected: -0.2% MoM. Previous: 0.2% MoM
3:30 pm GMT - EIA natural gas storage report. Expected: -110 bcf. Previous: +10 bcf
Central bankers' speeches
- 2:30 pm GMT - ECB Elderson
- 5:35 pm GMT - BoC Gravelle
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