Today's macro calendar is also light, similar to yesterday. No major macro reports are scheduled for today that could have a significant impact on global markets and volatility.
The most important publication will be the Consumer Confidence Index report for August, published by the Conference Board. However, expectations suggest only a slight improvement over the July readings. The consensus points to 100.6 compared to 100.3 in the previous month.
Detailed calendar for the day:
07:00 AM BST, Germany - GfK German Consumer Climate for September:
- actual -22.0; previous -18.6;
07:00 AM BST, Germany - GDP data:
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German GDP (Q2): actual 0.0% YoY; forecast -0.1% YoY; previous -0.2% YoY;
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German GDP (Q2): actual -0.1% QoQ; forecast -0.1% QoQ; previous 0.2% QoQ;
03:00 PM BST, United States - CB Consumer Confidence for August:
- forecast 100.9; previous 100.3;
03:00 PM BST, Germany - German Buba President Nagel Speaks
06:00 PM BST, United States - M2 Money Supply for July:
- previous 21.03T MoM;
09:30 PM BST, United States - EIA Data:
- API Weekly Crude Oil Stock: previous 0.347M
Economic Calendar: Markets Await Reports from Procter & Gamble and Western Digital ๐ก
Daily Summary: SpaceX and the tech sector drive Wall Street, oil retreats sharply below $97
Russia is selling off gold reserves. Why, to whom, and does it matter for the market?
BREAKING: US oil inventories fall more than expected, but distillate build cools enthusiasm