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

15 October 2025, 3:11 PM

Fed's Miran signals two more rate cuts this year and disinflationary process🗽

15 October 2025, 1:32 PM

BREAKING: NY Empire better than expected; EURUSD muted 📌

15 October 2025, 12:23 PM

Precious metals at record highs: Gold and Silver shine as the Fed ends its Tightening Cycle

15 October 2025, 10:45 AM

Fed Collins remarks on monetary policy and US economy🏛️EURUSD gains 0.2%

economic reports

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Economic calendar: Data from Europe and Canada

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