Economic calendar: Earnings and central bankers in the spotlight

7:23 AM 14 October 2020
  • European futures point to flat opening of cash session

  • A lot of central bankers expected to speak, including Lagarde

  • Wells Fargo and Goldman Sachs among earnings reporters today

More and more countries decide to partially reimpose lockdowns creating a slight bearish bias in the markets. European futures point to a flat or slightly lower opening of today's cash session. There are no key, market-moving data releases scheduled for today. However, investors will get a chance to tune into Lagarde's speech at 9:00 am BST. US banks will continue to report their Q3 results. Reports from Goldman Sachs and Wells Fargo are among today's highlights. Apart from that, traders should be wary of elevated volatility on GBP as Brexit talks made no progress this week and chatter over UK coronavirus lockdown intensifies.

8:00 am BST - Spain, CPI inflation for September. Expected: -0.4% YoY. Previous: -0.5% YoY

10:00 am BST - Euro area, industrial production for August. Expected: -7.2% YoY. Previous: -7.7% YoY

1:30 pm BST - US, PPI inflation for September. Expected: 0.2% YoY. Previous: -0.2% YoY

9:40 pm BST - API report on oil inventories. Expected: -3.4 mb

Noteworthy US earnings reports

  • Bank of America (BAC.US) - before market open

  • Goldman Sachs (GS.US) - before market open

  • Wells Fargo (WFC.US) - before market open

  • US Bancorp (USB.US) - before market open

  • Unitedhealth Group (UNH.US) - before market open

  • United Airlines (UAL.US) - after market close

Central bankers speeches

  • 9:00 am BST - ECB Chief Lagarde

  • 1:00 pm BST - ECB's Lane

  • 1:00 pm BST - ECB's Mersch

  • 2:00 pm BST - Fed's Clarida

  • 8:00 pm BST - Fed's Quarles

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