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Stock markets gain at the start of a new week
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Riksbank minutes and Italian production data
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ECB and Fed members to speak
Global stock markets are looking higher at the start of a new week. Note that there is barely any data scheduled for release today therefore indices are likely to be driven by headlines today. Neither Riksbank minutes, nor Italian industrial production data will have a major impact on the markets. When it comes to news, special attention will be paid to Sino-US relations as Trump said he will make a decision on trade deal implementation this week.
Scheduled macro releases
8:30 am BST - Riksbank minutes
9:00 am BST - Italy, industrial production for March. Expected: -20% MoM. Previous: -1.2% MoM
Central bankers' speeches
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9:00 am BST - ECB's Mersch
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4:00 pm BST - Fed's Bostic
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4:30 pm BST - Fed's Evans
Noteworthy earnings releases
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Marriott International (MAR.US) - before market open
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Cardinal Health (CAH.US) - before market open
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Tilray (TLRY.US) - after market close
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Under Armour (UAA.US) - before market open
Economic Calendar - Global series of industrial PMI indicators and tech giants' results
📊Morning Wrap: Oil falls after Qatar talks. China injects liquidity, while the US prepares for elections.
Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?
ECB Holds Rates Unchanged💶 EURUSD down 📉