Economic calendar: Focus on ECB speakers and German data

• German IFO index expected to make a small jump higher

• Number of ECB members scheduled to speak today

• Hewlett Packard (HPE.US) to report earnings after market close

9:00 am GMT - Germany, IFO Business Climate for November. German IFO print is the only noteworthy reading from major EU economies scheduled for today. The index remained unchanged at 94.6 pts in October. A small increase to 95 pts is expected in November. The increase is expected to be lead by business expectations subindex as current assessment subindex is forecasted to be little changed.

9:00 am GMT - Poland, retail sales for October. Polish retail sales saw a massive 4% MoM decline in September. Decline was in fact expected but not so steep. Sales are expected to rebound in October and mark a 5.4% MoM increase.

1:30 pm GMT - Canada, wholesale inventories. Expected: +0.4% MoM, previous: -1.2% MoM

Central bankers’ speeches

• 11:00 am GMT - ECB’s Villeroy

• 11:45 am GMT - ECB’s Holzmann

• 2:30 pm GMT - ECB’s Holzmann

• 6:00 pm GMT - ECB’s Lane

• 6:00 pm GMT - ECB’s Mersch

Major companies reporting earnings today

• Hewlett Packard (HPE.US)