Economic calendar: Another multi-million jobless claims reading?

• US initial jobless claims seen at 2.5 million

• Fed, ECB and BoC members scheduled to speak

Stocks continue to sell-off. Major indices from Europe are seen opening lower today. There is not much data scheduled for release today. US jobless claims data will be released in the early afternoon but it has been largely ignored by the stock market recently. Reading is expected to show 2.5 million in initial jobless claims. Apart from that, some central bankers are scheduled to speak. 

European & US session

8:00 am BST - Spain, CPI inflation for April (final). First release: -0.7% YoY

1:30 pm BST - US, initial jobless claims. Expected: 2500k. Previous: 3169k

3:30 pm BST - EIA natural gas storage. Expected: 107 bcf. Previous: 109 bcf

Asian session

Around 3:00 am BST - China, monthly production, investment and sales for April.

Noteworthy earnings releases

• Applied Materials (AMAT.US) - after market close

• Aurora Cannabis (ACB.US) - after market close

Central bankers' speeches

• 4:00 pm BST - ECB's de Guindos

• 4:15 pm BST - BoC Governor Poloz

• 6:00 pm BST - Fed's Kashkari

• 10:00 pm BST - Fed's Kaplan