Economic calendar: US CPI reading in the market spotlight 📌

Futures on US and European indices slightly loses on Wednesday morning
US May CPI data in focus on Wall Street (12:30 PM GMT)
Markets await for results of US - China trade talks amid positive signals from Trump's delegation

Sentiments on global equity markets signals slightly risk-hedging, with global indices posting decline ahead of the key macro report of this week - the US CPI report. Market expectations suggest that price pressure across the US economy will slightly rise. After the bell on Wall Street, US tech giant Oracle will show the quarterly earnings report, closing 'tech' earnings season. Oracle shares rebounded almost 40% since April lows at $120 per share.

Economic calendar

12:30 PM GMT, US - CPI report for May: exp. 2.4% YoY vs 2.3% in April (0.2% MoM, in line with previous reading)

Core CPI: exp. 2.9% YoY vs 2.8% previously (0.3% MoM vs 0.2% previously)

2 PM GMT, US Treasury Secretary, Scott Bessent testifies in Congress

2:30 PM GMT, EIA Oil & gasoline inventories change. Expected. -2.6M barrels Previously -4.3M barrels

Gasoline inventories: awaited 0.7M barrels vs 5.2M previously

08:05 PM GMT, Oracle (ORCL.US) earnings report

17 April 2026, 08:11

Economic Calendar: A Calm End to the Week!

16 April 2026, 19:11

Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues

16 April 2026, 18:32

BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal

16 April 2026, 07:52

Economic Calendar - Final Eurozone Inflation and U.S. Industrial Production (16.04.2026)

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Economic reports

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