-
Mixed moods ahead of European session open
-
Jobless claims seen falling slightly
-
Monthly Chinese data to be released overnight
Global stock markets managed to recover from a drop yesterday and US indices closed just slightly below record, pre-pandemic levels. However, moods ahead of the European session launch are not too optimistic. Stock futures from the Old Continent trade slightly lower. There are no major releases scheduled for the European and US session today but jobless claims report could offer some volatility. Chinese data released overnight may have some impact on the markets.
8:00 am BST - CPI inflation for July (final). Preliminary release: -0.6% YoY
1:30 pm BST - US, jobless claims data. Expected: 1140k. Previous: 1186k
3:30 pm BST - US, natural gas storage. Expected: 51 bcf. Previous: 33 bcf
Asian session ahead
3:00 am BST - Monthly data from China for July.
-
Retail sales. Expected: 0.1% YoY
-
Industrial production. Expected: 5.1% YoY
Noteworthy US earnings
-
Applied Materials (AMAT.US) - after market close
Daily summary: exceptionally low US trade deficit; dollar remains strong 📌
NY Fed Survey: higher inflation expectations, but also higher equity price expectations 📄🔎
BREAKING: EURUSD reacts to US jobless claims & labor costs data 🗽
BREAKING: PPI in Eurozone higher than expected, unemployment falls