Economic Calendar: US Retail Sales and Fed Members' Speeches

08:09 16 May 2023
  • Futures indicate a lower opening of today's cash session in Europe.
  • German ZEW index and US retail sales
  • Speeches by ECB and Fed members

 

Futures markets at the start of the session in Europe point to a lower opening of the stock exchanges. The weaker sentiment may be attributed to the declines in the Asia-Pacific region following the release of macroeconomic data.

Today's calendar is relatively busy with various events. Investors will receive US retail sales data, which is forecasted to be at 0.8% MoM after a decline last month. In Europe, one of the key releases will be the German ZEW sentiment index and EU's GDP data for Q1. The German economy has recently encountered difficulties and today's data may provide insights from institutional investors and analysts.

 

Macro Data:

  • 10:00 AM BST - Eurozone, Q1 GDP data, expected 0.1% YoY
  • 10:00 AM BST - German ZEW index for May, expected -5.3, previously 4.1
  • 1:30 PM BST - USA, Retail sales, expected 0.8% MoM, previously -0.1% MoM
  • 1:30 PM BST - Canada, CPI inflation, expected 4.1%, previously 4.3%

Bankers' Speeches:

  • 1:15 PM BST - Fed, Mester
  • 1:55 PM BST - Fed, Bostic
  • 3:00 PM BST - Fed, Barr
  • 3:00 PM BST - ECB, Lagarde
  • 5:15 PM BST - Fed, Williams
  • 7:30 PM BST - Fed, Goolsbee
  • 8:15 PM BST - Fed, Logan

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.

Back

Join over 1.6 Million investors from around the world