Economic calendar: Germany's ZEW reading and US NFIB index in focus

Although the U.S. government shutdown is on track to be resolved, it will take longer before we see the release of key American economic data. Today’s main macroeconomic readings will come from secondary sentiment indicators — Germany’s ZEW Economic Sentiment Index, and the NFIB Small Business Optimism Report from the United States, reflecting the mood among small enterprises that employ roughly half of America’s workforce.

Today’s corporate earnings will come mostly from second-tier companies, with the largest being Sea Ltd, a Singapore-based financial and e-commerce conglomerate — and the biggest company by market capitalization in Southeast Asia. Attention will also turn to AngloGold Ashanti, a precious metals miner, and Oklo, a nuclear technology firm whose shares have soared about 400% year-to-date, though they’ve since fallen roughly 40% from their highs.

Economic Calendar

10 AM GMT – Germany: ZEW Economic Sentiment Index, expected 41 vs 39.3 in October
11 PM GMT – U.S.: NFIB Small Business Optimism Index (October), expected 93.3 vs 98.8 in September

Central Bank Speakers

8:30 AM GMT – ECB: Vujcic, Sleijpen
8:30 AM GMT – BoE: Greene
1:30 PM GMT – ECB: Kocher
4:45 PM GMT – ECB: Escriva

Corporate Earnings

Before U.S. market open: Sea Ltd, AngloGold Ashanti, Nebius Group, Fermi
After U.S. market close: Alcon, Korea Electric Power, Oklo Inc, Amdocs Limited

16 October 2026, 2:30 PM

Strong US macro data 🗽 Industrial production and prices rise

16 October 2026, 9:27 AM

Chart of the Day: NATGAS - Are there chances for a seasonal rebound amid warm weather?

16 October 2026, 7:11 AM

Economic Calendar - Final Eurozone CPI Inflation, US Manufacturing, and Regional Bank Earnings

16 October 2026, 6:48 AM

Morning Briefing: Warsh's silence on interest rates. AI debt fears cooled sentiment, but a rebound is visible

Economic reports

Prefer XTB on Google

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days