8:31 AM · 1 December 2020

Economic calendar: ISM data and Powell testimony

EUR/USD
Forex
-
-
  • European markets seen opening higher

  • Final PMI release from Europe

  • ISM manufacturing data from the United States

  • Fed Chair Powell testifies

Stocks in Europe are seen opening higher following a solid set of data from Asia. There are a lot of releases scheduled for release today, including manufacturing PMIs. However, some of them will be revisions to preliminary prints. ISM manufacturing data for November is certainly one of the top tier releases scheduled for today. Fed Chair Powell will testify before Congress today but text of his testimony was published yesterday therefore it may not have a big impact on the markets.

8:00 am GMT - Poland, manufacturing PMI for November. Expected: 50. Previous: 50.8

8:15 am GMT - Spain, manufacturing PMI for November. Expected: 50.5. Previous: 52.5

8:45 am GMT - Italy, manufacturing PMI for November. Expected: 52. Previous: 53.8

8:50 am GMT - France, manufacturing PMI for November (final). First release: 49.1

8:55 am GMT - Germany, manufacturing PMI for November (final). First release: 57.9

9:00 am GMT - Italy, GDP report for Q3 (revision). First release: 16.1% QoQ

9:00 am GMT - Poland, CPI inflation for November. Expected: 3% YoY. Previous: 3.1% YoY

9:30 am GMT - UK, manufacturing PMI for November (final). First release: 55.2

10:00 am GMT - Euro area, CPI inflation for November (flash). Expected: -0.3% YoY. Previous: -0.3% YoY

1:30 pm GMT - Canada, GDP report for Q3 (annualized). Expected: 47.6%. Previous: -38.7%

2:45 pm GMT - US, manufacturing PMI for November (final). First release: 56.7

3:00 pm GMT - US, ISM manufacturing for November. Expected: 57.9. Previous: 59.3

3:00 pm GMT - Fed Chair Powell testifies in Congress

9:40 pm GMT - API report on oil inventories. Expected: +0.7 mb

Central bankers' speeches

  • 5:00 pm GMT - Fed Brainard

  • 5:00 pm GMT - ECB President Lagarde

  • 6:15 pm GMT - Fed Daly

  • 8:00 pm GMT - Fed Evans

15 October 2025, 3:11 PM

Fed's Miran signals two more rate cuts this year and disinflationary process🗽

15 October 2025, 1:32 PM

BREAKING: NY Empire better than expected; EURUSD muted 📌

15 October 2025, 12:23 PM

Precious metals at record highs: Gold and Silver shine as the Fed ends its Tightening Cycle

15 October 2025, 10:45 AM

Fed Collins remarks on monetary policy and US economy🏛️EURUSD gains 0.2%

Join over 1 700 000 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