Economic calendar: Euro area GDP and mega-cap earnings

European markets seen opening higher, silver drops
Euro area economy expected to have contracted in Q4 2020
Earnings reports from Amazon and Alphabet

Speculative frenzy on the silver market has eased after COMEX announced higher margins on precious metal futures trading. As a result, silver is dropping around $1 per ounce today. When it comes to macro releases, the economic calendar for today is almost empty. GDP reading for the euro area is the only noteworthy release during the day. However, investors will be offered some interesting earnings reports, especially results from Amazon and Alphabet after Wall Street session close.

9:00 am GMT - Italy, GDP report for Q4 2020. Expected: -2.2% QoQ. Previous: +15.9% QoQ

10:00 am GMT - Euro area, GDP report for Q4 2020. Expected: -1% QoQ. Previous: +12.5% QoQ

9:40 pm GMT - API report on oil inventories. Expected: +0.8 mb

Central bankers' speeches:

7:00 pm GMT - Fed Mester
7:00 pm GMT - Fed Williams

Noteworthy US earnings releases

Alphabet (GOOGL.US) - after market close
Amazon (AMZN.US) - after market close
Electronic Arts (EA.US) - after market close
Exxon Mobil (XOM.US) - before market open
Pfizer (PFE.US) - before market open
United Parcel Services (UPS.US) - before market open

15 December 2025, 1:32 PM

BREAKING: NY Empire Index much lower than expected! 📉

15 December 2025, 1:31 PM

BREAKING: Mixed Inflation in Canada↔️USDCAD muted

15 December 2025, 8:01 AM

Economic calendar: Industrial production in the EU, inflation in Canada (15.12.2025)

15 December 2025, 7:32 AM

BREAKING: Swiss PPI deflation eases on yearly basis🇨🇭 CHF stable

Economic reports

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Economic calendar: Euro area GDP and mega-cap earnings

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