CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Economic calendar: Waiting for Western response to Russian agression

07:42 24 February 2022
  • Russia invaded Ukraine, world awaits response from the West

  • European indices set for massive plunge at session open

  • Russian RTS index plunges over 35%

European stock market indices are set for a massive plunge at the start of today's cash session in Europe. A panic sell-off was launched overnight after Russia launched a military invasion on Ukraine. Explosions were reported in cities all across Ukraine and the Russian Defense Ministry claimed that all Ukrainian military air bases were neutralized. Shelling was reported as far west as in the Lviv region. All eyes are now on the response of the West to Russian actions. Western leaders vowed severe sanctions and the Russian stock market also seems to be expecting these with RTS index trading over 35% lower on the day already!

There are some economic releases from the United States scheduled for the later part of the day but traders should keep in mind that Russia-Ukraine situation will be the main driver of market moves today and most likely in the coming days as well.

Start investing today or test a free demo

Open account Try demo Download mobile app Download mobile app

1:30 pm GMT - US, GDP report for Q4 2021 (revision). First release: 6.9% QoQ

1:30 pm GMT - US, initial jobless claims. Expected: 235k. PRevious: 248k

3:00 pm GMT - US, new home sales for January. Expected: 806k. Previous: 811k

3:30 pm GMT - DOE report on oil inventories.

  • Oil inventories. Expected: 0.8 mb

  • Gasoline inventories. Expected: -1.2 mb

  • Distillate inventories. Expected: -1.9 mb

Central bankers' speeches

  • 12:45 pm GMT - ECB McCaul

  • 1:15 pm GMT - BoE Governor Bailey

  • 2:00 pm GMT - Fed Barkin

  • 4:00 pm GMT - ECB Schnabel

  • 4:00 pm GMT - Fed Daly

  • 4:10 pm GMT - Fed Bostic

  • 5:00 pm GMT - Fed Mester

  • 5:00 pm GMT - Fed Barkin

  • 6:00 pm GMT - BoE Pill

Wall Street earnings

  • Alibaba Group (BABA.US) - before market open

  • Moderna (MRNA.US) - before market open

  • Nikola (NKLA.US) - before market open

  • Beyond Meat (BYND.US) - after market close

  • Coinbase (COIN.US) - after market close

  • Dell Technologies (DELL.US) - after market close

  • Discovery (DISCA.US) - before market open

  • Etsy (ETSY.US) - after market close

  • Monster Beverage (MNST.US) - after market close

  • Occidental Petroleum (OXY.US) - after market close

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
Xtb logo

Join over 847 000 investors from around the world