7:28 AM · 6 July 2021

Economic calendar: Data from Europe and the United States

EUR/USD
Forex
-
-
  • European markets seen opening lower

  • OPEC+ talks fell apart

  • German ZEW and US services ISM

Futures markets point to a lower opening of today's cash session. Oil is trading at fresh post-pandemic highs after OPEC+ talks fell apart and no date for new ones was set. Elsewhere, NZD rallies against G10 peers after rate hike odds spiked. US traders come back from a long weekend today so market conditions in the afternoon should return to normal.

There are some noteworthy releases scheduled for today. Industrial production from Spain, retail sales from Eurozone and German ZEW will be released in the morning. While neither of these prints triggered major market moves in recent months they give a hint on the condition of European economy. Services ISM at 3:00 pm BST is key reading of the US session and is expected to show slight deterioration.

8:00 am BST - Spain, industrial production for May. Expected: 22.1% YoY. Previous: 48.2% YoY

10:00 am BST - Euro area, retail sales for May. Expected: 4.2% MoM. Previous: -3.1% MoM

10:00 am BST - Germany, ZEW index for July. Expected: 75.5. Previous: 79.8

2:45 pm BST - US, services PMI for June (final). First release: 64.8

3:00 pm BST - US, services ISM index for June. Expected: 63.5. Previous: 64.0

Central bankers' speeches

  • 9:10 am BST - ECB de Guindos

  • 12:00 pm BST - ECB Enria

17 October 2025, 7:03 PM

Daily summary: Trump remarks helps Wall Street 📈Precious metals decline

17 October 2025, 5:37 PM

Fed's Musalem remarks on the US economy and tariffs🗽

17 October 2025, 12:37 PM

The AI Fever: Bubble or Will It Keep Rising?

17 October 2025, 10:01 AM

BREAKING: Final inflation reading matches expectations. Core HICP inflation marginally higher

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits