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Global equities extend gains
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German IFO index on watch
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Salesforce and Best Buy among earnings reporters
Global equities build onto yesterday's gains as moods stay supported by the US-China trade phone call. Both countries said that call was constructive and that progress is being made when it comes to Phase One trade agreement. Revised German Q2 GDP report was released at 7:00 am BST and showed a shallower recession than expected ( -9.7% QoQ vs -10.1% QoQ expected).
9:00 am BST - Germany, IFO index for August. Expected: 92.2 pts. Previous: 90.5 pts
9:00 am BST - Poland, unemployment rate for July. Expected: 6.1%. Previous: 6.1%
1:00 pm BST - Hungarian National Bank rate decision.
3:00 pm BST - US, Richmond Fed index for August. Expected: 10. Previous: 10
3:00 pm BST - US, new home sales for July. Expected: 785k. Previous: 776k
9:40 pm BST - API report on oil inventories. Expected: -1.9 mb
Noteworthy US earnings
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Best Buy (BBY.US) - before market open
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Hormel Foods (HRL.US) - before market open
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Hewlett Packard Enterprise (HPE.US) - after market close
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Salesforce.com (CRM.US) - after market close
Daily Summary - Powerful NFP report could delay Fed rate cuts
BREAKING: US100 jumps amid stronger than expected US NFP report
Economic calendar: NFP data and US oil inventory report 💡
Morning Wrap: Dollar in a trap, all eyes on NFP 🏛️(February 11, 2026)