Today’s macro calendar is not very busy. Equity sentiment in Europe is mixed, although US index futures are gaining. Investors will focus mainly on Germany’s CPI data and Canada’s GDP. Today US companies earnings calendar is almost empty.
Macro Calendar
- 8:55 AM GMT German Unemployment Rate: 6.3% exp. and 6.3% previously
- 9 AM GMT German North-Rhine CPI YoY 2.3% previously (MoM 0.4% previously)
- 9 AM GMT Italian GDP Final 0.4% exp. vs 0.4% previously (QoQ 0% vs 0% previously)
- 13 PM GMT Germany CPI YoY 2.4% exp. vs 2.3% previously (MoM -0.2% vs 0.3% previously)
- 13:30 PM GMT Canadian GDP QoQ 0.5% exp. vs -1.6% exp. (MoM 0.2% exp. vs -0.3% previously)
US OPEN: Wall Street declines deepens
The Michigan Sentiment Index highlights concerns about a short-term spike in U.S. inflation💡
Economic Calendar: A Calm End to the Week for Markets
Consumer sentiments fall in Germany and France amid rising energy prices