6:57 AM · 10 May 2021

Economic calendar: Earnings reports, US fuel pipeline shutdown

  • European markets expected to open higher
  • Oil trades higher after fuel pipeline shutdown

  • Pro-independence parties win Scotish elections

European futures point to a higher opening of the European cash session today. Oil is trading higher after a major US fuel pipeline network on the East Coast has been shut down following a cyberattack. In spite of a good showing of Scottish pro-independence parties in last week's elections, GBP traders do not seem to worry about a potential independence referendum. GBP is the best performing major currency today.

Today's economic calendar is almost empty with no top-tier releases scheduled. However, will be offered some US earnings releases, including reports from Novavax and Occidental Petroleum.

9:30 am BST - Euro area, Sentix index for May. Expected: 14. Previous: 13.1

Central bankers' speeches

  • 7:00 pm BST - Fed Evans

US earnings releases

  • BioNTech (BNTX.US) - before market open

  • Coty (COTY.US) - before market open

  • Duke Energy (DUK.US) - before market open

  • Marriott International (MAR.US) - before market open

  • Novavax (NVAX.US) - after market close

  • Occidental Petroleum (OXY.US) - after market close

  • Tyson Foods (TSN.US) - before market open

  • Virgin Galactic (SPCE.US) - after market close


 
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