Economic calendar: ADP data in the spotlight

European markets seen opening slightly lower
Second day of Powell hearings in Congress
ADP employment report for November

Futures markets point to a slightly lower opening of today's European session. Economic calendar looks light today but there are some events scheduled that will draw attention. Jerome Powell will head for the second day of congressional hearings. Text of the speech will be the same as yesterday but the Fed Chair may be asked different questions by lawmakers. However, the more important event will be the release of the ADP employment report that will serve as a final hint ahead of the NFP report release on Friday, 1:30 pm GMT).

10:00 am GMT - Euro area, PPI inflation for October. Expected: -2.4% YoY. Previous: -2.4% YoY

1:15 pm GMT - US, ADP employment report for November. Expected: 410k. Previous: 365k

3:00 pm GMT - Fed Chair Powell testifies in Congress

3:30 pm GMT - DOE report on oil inventories

Oil inventories. Expected: -2.2 mb
Distillate inventories. Expected: +0.3 mb
Gasoline inventories. Expected: +2.6 mb

Central bankers' speeches

2:00 pm GMT - Fed Quarles
2:00 pm GMT - ECB Chief Economist Lane
2:00 pm GMT - Fed Williams
3:00 pm GMT - Fed Harker
6:00 pm GMT - Fed Williams

21 October 2026, 7:41 AM

Economic calendar: EIA oil report and US treasury auction in focus 🔎

21 October 2026, 7:28 AM

Morning Wrap (21.10.2026)

20 October 2026, 6:32 AM

Macro Calendar - UK Labor Market, ZEW Sentiment, and Wall Street Giants' Reports

19 October 2026, 7:02 PM

Daily Summary: Nasdaq and AI Stocks Rebound Ahead of Big Tech Earnings 🚀

Economic reports

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