Economic calendar: Data from Europe and Canada

European markets seen opening lower
Euro area CPI expected to accelerate to 1% YoY
Canadian GDP growth expected at 7.2% QoQ annualized in Q4

European futures markets point to a lower opening of today's cash session following a downbeat trading in Asia. Economic calendar for the day is light. Flash CPI release from the euro area is a key event in the morning and may result in elevated volatility on the EUR market. CAD will get a chance to move on Q4 GDP release from Canada (1:30 pm GMT) while oil traders will focus on oil inventory estimates from API.

Oil may also react more strongly to incoming news as OPEC+ meeting is scheduled for the later part of the week and there are some disagreements between Saudi Arabia and Russia.

10:00 am GMT - Euro area, CPI inflation for February (flash). Expected: 1% YoY. Previous: 0.9% YoY

1:30 pm GMT - Canada, GDP growth for Q4 2020 (annualized). Expected: 7.2% QoQ. Previous: 40.5% QoQ

9:40 pm GMT - API report on oil inventories. Expected: -1.85 mb

Central bankers' speeches

1:40 pm GMT - ECB Panetta
6:00 pm GMT - Fed Brainard
7:00 pm GMT - Fed Daly

US earnings reports

Kohl's (KSS.US) - before market open
Ross Stores (ROST.US) - after market close
Target (TGT.US) - before market open

10 July 2026, 5:03 PM

Fed presents its semi-annual report. Stocks are expensive but no bubble?

10 July 2026, 7:57 AM

Economic Calendar: SK Hynix and the Canadian job market are the highlights of the day 💡

9 July 2026, 6:43 AM

Morning wrap🚩 Wall Street resists oil pressure amid rising Middle East tensions (09.07.2026)

8 July 2026, 7:20 PM

FOMC Minutes: Hawkish tone confirmed. EURUSD rebounds nonetheless

Economic reports

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