Economic calendar: All eyes on US labour data

• New records on Wall Street

• Labour market data from US and Canada in the spotlight

• Biden to deliver remarks on stimulus

European stock market futures are pointing to a slightly higher opening of the cash session following new records on Wall Street. NFP report is a key event of the day and it is expected to show employment gains following last month's decline. According to Bloomberg, Joe Biden will deliver remarks on stimulus in the afternoon. When it comes to company's reports, US earnings calendar is light today as it is usually the case for Fridays.

9:00 am GMT - Italy, retail sales for December. Expected: 3.2% MoM. Previous: -6.9% MoM

1:30 pm GMT - US, NFP report for January.

• Non-farm payrolls. Expected: 50k. Previous: -140k

• Wage growth. Expected: 5.1% YoY. Previous: 5.1% YoY

• Unemployment rate. Expected: 6.7%. Previous: 6.7%

1:30 pm GMT - Canada, labour market report for January.

• Employment change. Expected: -47.5k. Previous: -62.6k

• Unemployment rate. Expected: 8.9%. Previous: 8.6%

1:30 pm GMT - US, trade balance for December. Expected: -$65.7 billion. Previous: -$68.1 billion

4:45 pm GMT - Biden speaks on stimulus

Central bankers' speeches

• 12:15 pm GMT - BoE Bailey, Ramsden and Haldane

• 1:30 pm GMT - BoE Bailey and ECB Guindos

• 1:30 pm GMT - ECB Guindos

US earnings

• Cardinal Health (CAH.US) - before market open

• Linde (LIN.US) - before market open

• Regeneron Pharmaceuticals (REGN.US) - before market open