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European markets seen opening flat
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DOE report due at 3:30 pm BST
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Coca-Cola and Johnson & Johnson among earnings reporters
European stock markets are set to open flat on Wednesday following strong recovery yesterday. The session ahead looks calm, at least when it comes to economic data releases. There are no top tier data releases scheduled for today. DOE report at 3:30 pm BST may boost volatility on the oil market, especially after yesterday's API signalled an unexpected build in crude inventories. A number of large US companies will publish Q2 earnings reports ahead of the Wall Street session open, including Coca-Cola or Johnson & Johnson.
9:00 am BST - Poland, retail sales for June. Expected: 11.5% YoY. Previous: 19.1% YoY
3:30 pm BST - DOE report on oil inventories
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Oil inventories. Expected: -4.1 mb
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Gasoline inventories. Expected: -1.4 mb
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Distillate inventories. Expected: 0 mb
Top US earnings releases
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Anthem (ANTM.US) - before market open
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Baker Hughes (BKR.US) - before market open
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Coca-Cola Company (KO.US) - before market open
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Harley-Davidson (HOG.US) - before market open
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Johnson & Johnson (JNJ.US) - before market open
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Verizon Communications (VZ.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 📉