Read more

Economic calendar: Earnings from Tesla and IBM, Canadian CPI inflation

7:35 AM 19 October 2022

  • European indices set for slightly higher opening

  • UK CPI inflation jumps back above 10% in September

  • Tesla and IBM to report earnings after Wall Street close

Futures markets point to a slightly higher opening of the European cash session today. While US and European index futures gained after release of stellar earnings from Netflix, those gains were erased during the Asian session. GBP is one of the worst performing G10 currencies after UK inflation jumped to 10.1% YoY in September, matching a 40-year high from July. 

The day ahead will see the release of final CPI data from the Eurozone for September as well as the first release of CPI data from Canada, also for September. The former is unlikely to have an impact on the market but the latter may trigger some CAD volatility. Oil traders will look out for deviations from yesterday's API report in today's DOE oil inventories data. However, a key market events, those that may have the biggest impact on asset prices, will take place after the close of the Wall Street session - releases of Q3 earnings reports from Tesla and IBM.

10:00 am BST - Euro area, CPI inflation for September (final). First release: 10.0% YoY

1:30 pm BST - US, housing market data for September.

  • Building permits. Expected: 1530k. Previous: 1542k

  • Housing starts. Expected: 1477k. Previous: 1575k

1:30 pm BST - Canada, CPI inflation for September. Expected: 6.8% YoY. Previous: 7.0% YoY

3:30 pm BST - DOE report on oil inventories.

  • Oil inventories. Expected: +1.6 mb (API: -1.26 mb)

  • Gasoline inventories. Expected: -2.0 mb (API: -2.17 mb)

  • Distillate inventories. Expected: -2.2 mb (API: -1.1 mb)

Central bankers' speeches

  • 6:00 pm BST - Fed Kashkari

Top Wall Street earnings releases

  • Procter & Gamble (PG.US) - before market open

  • Abbott Laboratories (ABT.US) - before market open

  • Nasdaq (NDAQ.US) - before market open

  • Travelers (TRV.US) - before market open

  • IBM (IBM.US) - after market close

  • Tesla (TSLA.US) - after market close

Share:
Back

Market News

01.07.2025
18:42

Daily summary: Big Beautiful Bill passed through Senate, Wall Street retreats form record highs (01.07.2025)

Wall Street starts the new week with mixed sentiment in reaction to macroeconomic data and comments from Jerome Powell, which support the Fed’s...

 17:15

Dollar Rises After Senate Passes Big Beautiful Deal 💵

USDIDX is approaching 100-period EMA (dark purple) on M30 interval after the US Senate narrowly passed Donald Trump’s “big, beautiful bill,”...

 16:15

US OPEN: Stocks retreat from record highs, tech leads losses, yields bounce back (01.07.2025)

Wall Street is going back to cautious as strong labour market data and status-quo-reaffirming remarks from Fed’s Chair Jerome Powell push back the...
More news

Join over 1 600 000 XTB Group Clients from around the world

Start trading Download the app Download the app
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