Economic calendar: German GDP report, US PCE inflation

7:45 AM 30 July 2021
  • European markets set to open lower

  • Q2 GDP reports from Europe

  • US PCE inflation data to be released at 1:30 pm BST 

Futures markets point to a lower opening of today's cash session in Europe. European GDP data for Q2 that will be released throughout the morning may offer a chance for turnaround. German report at 9:00 am BST will be the most closely watched one. Apart from that, US data pack at 1:30 pm BST may have boost volatility on USD and precious metals markets. Fed's favourite inflation measure - core PCE - is expected to accelerate once again. Today's earnings calendar is dominated by oil and consumer goods companies. 

8:00 am BST - Spain, GDP report for Q2 2021. Expected: 2.2% QoQ. Previous: -0.4% QoQ

9:00 am BST - Germany, GDP report for Q2 2021. Expected: 2% QoQ. Previous: -1.8% QoQ

9:00 am BST - Italy, GDP report for Q2 2021. Expected: 1.3% QoQ. Previous: 0.1% QoQ

9:00 am BST - Poland, CPI inflation for July. Expected: 4.7% YoY. Previous: 4.4% YoY

10:00 am BST - Euro area, GDP report for Q 2021. Expected: 1.5% QoQ. Previous: -0.3% QoQ

1:30 pm BST - US, data pack for June.

  • Personal spending. Expected: 0.7% MoM. Previous: 0% MoM

  • Personal income. Expected: -0.4% MoM. Previous: -2% MoM

  • Core PCE inflation. Expected: 3.7% YoY. Previous: 3.4% YoY

2:45 pm BST - US, Chicago PMI index for July. Expected: 64.5. Previous: 66.1

3:00 pm BST - US, University of Michigan index for July. Expected: 80.8. Previous: 85.5

US earnings releases

  • AbbVie (ABBV.US) - before market open

  • Caterpillar (CAT.US) - before market open

  • Chevron (CVX.US) - before market open

  • Colgate-Palmolive (CL.US) - before market open

  • ExxonMobil (XOM.US) - before market open

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

Share:
Back

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

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