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

13 October 2025, 7:00 PM

Daily summary: Precious metals euphoria continues unabated 📈

13 October 2025, 5:30 PM

BREAKING: China issues implementation rules on port fees on US ships

13 October 2025, 12:47 PM

France on the Brink

13 October 2025, 7:14 AM

Economic calendar: light agenda kicking off an interesting week 📌

economic reports

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Economic calendar: ADP data in the spotlight

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