Economic calendar: Conference Board survey data and earnings

• CB consumer confidence expected to drop to 88 pts

• Riksbank seen staying on hold today

• Earnings marathon in a full swing

Mixed moods can be spotted on the global financial markets today. Equities struggle for direction while oil continues to pull back. Riksbank will announce rate decision in the morning but no change is expected. CB consumer confidence index for April is likely to draw bigger attention as it is expected to show a massive plunge! Last but not least, a lot of major US companies will release earnings today, including Alphabet, 3M and Caterpillar.

European & US session

8:30 am BST - Riksbank rate decision. Expected: no change

3:00 pm BST - US, Richmond Fed index for April. Expected: -34. Previous: 2

3:00 pm BST - US, CB consumer confidence for April. Expected: 88 pts. Previous: 120 pts

9:40 pm BST - API weekly report on oil inventories. Previous: +13.22 mb

Asian session

11:45 pm BST - New Zealand, labour market report for Q1 2020

2:30 pm BST - Australia, CPI inflation for Q1 2020

Earnings scheduled for release today

• Alphabet (GOOGL.US) - after market close

• Advanced Micro Devices (AMD.US) - after market close

• 3M (MMM.US) - before market open

• Caterpillar (CAT.US) - before market open

• Ford Motor (F.US) - after market close

• Mondelez International (MDLZ.US) - after market close

• Merck & Co (MRK.US) - before market open

• PepsiCo (PEP.PL) - before market open

• Pfizer (PFE.US) -  before market open

• Starbucks (SBUX.US) - after market close

• United Parcel Service (UPS.US0 - before market open