Economic calendar: API oil report, central bankers' speeches

• European indices set for lower opening
• API report on oil inventories
• Second-tier data from Europe and US
• Speeches from Fed and ECB members

European index futures point to a lower opening of the cash session on the Old Continent today. This comes after a downbeat trading during the Asia-Pacific session with indices from the region dropping. Day ahead looks calm in terms of data releases. There are some second-tier releases from Europe and the United States scheduled as well as weekly API report on oil inventories. A number of Fed and ECB members will deliver speeches today and it can contribute to FX volatility. Uber Technologies and Robinhood Markets can be found among today's earnings reporters.

8:00 am GMT - Spain, industrial production for September. Expected: -3.0% YoY. Previous: -3.4% YoY

10:00 am GMT - Euro area, PPI inflation for September. Expected: -12.5% YoY. Previous: -11.5% YoY

1:30 pm GMT - US, trade balance for September. Expected: -$60.0 billion. Previous: -$58.3 billion

9:40 pm GMT - API report on US oil inventories. Expected: -$0.5 billion. Previous: +$1.35 billion

Central bankers' speeches

• 8:15 am GMT - ECB De Guindos
• 1:30 pm GMT - ECB Enria
• 2:15 pm GMT - Fed Barr
• 2:50 pm GMT - Fed Schmid
• 3:00 pm GMT - Fed Williams
• 6:25 pm GMT - Fed Logan
• 7:30 pm GMT - ECB Nagel

Top Wall Street earnings reports

• Uber Technologies (UBER.US) - before market open
• Coty (COTY.US) - after market close
• Ebay (EBAY.US) - after market close
• Gilead Science (GILD.US) - after market close
• KKR & Co (KKR.US) - after market close
• Lucid Group (LCID.US) - after market close
• Rivian Automotive (RIVN.US) - after market close
• Robinhood Markets (HOOD.US) - after market close
• Occidental Petroleum (OXY.US) - after market close