- European markets open higher, DAX up 0.2%; Wall Street futures edge slightly higher
- Eurozone data slightly weaker than expected
- Key U.S. data at 12:30 PGMT (Producer Price Index and jobless claims).
- Today’s market sentiment indicates an appetite for extending the recent gains.
Macro Calendar
-
10:00 – Norges Bank decision: 4.25%, in line with expectations and unchanged from the previous level.
-
9 AM GMT – Eurozone Q2 GDP (estimates): +1.4% y/y vs +1.4% exp. and 1.4% previously; +0.1% q/q vs +0.1% exp. and +0.1% q.q previously
-
9 AM GMT - Industrial production for July: 0.2% y/y vs +1.5% exp. and +3.7% y/y in June; -1.3% m/m vs -1% exp. and +1.7% m/m in June.
-
12:30 PM GMT – U.S. July PPI inflation: Expected +2.5% y/y vs +2.3% in June; +0.2% m/m vs 0% in June.
-
12:30 PM GMT – U.S. initial jobless claims: Expected 225k vs 226k previously. Continuing claims: 1.967 million vs 1.974 million previously.
-
2:30 PM GMT – EIA natural gas storage change: Expected +54 bcf vs +7 bcf previously.
Central Bank Speakers
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app-
2 PM GMT – Fed’s Musalem
-
5:30 PM GMT – Fed’s Barkin
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.
