Economic calendar: Lagarde speech in the spotlight

8:31 AM 7 February 2022

European markets set to open higher
ECB president Lagarde speech at 3:45 pm GMT

In spite of mixed Asian session, European stock markets are seen opening higher today. Economic calendar for the European session is almost empty as the only noteworthy reading - German industrial production - has already been released at 7:00 am GMT. It has shown industrial production in Germany decreasing from -0.2% to -0.3%% (exp. +0.4%). In the afternoon investors’ attention will focus on ECB president Lagarde testimony at a virtual hearing before the European Parliament Economic and Monetary Affairs Committee. Traders will look for any comments regarding potential interest hikes this year and impact of geopolitical tensions between NATO and Russia over Ukraine.

09:00 GMT - Switzerland, SNB foreign currency reserves for January. Previous. 944 billion

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10:00 GMT - Eurozone, Sentix investor confidence for February. Expected 15.1. Previous 14.9.

Central Bankers speeches:

3:45 pm GMT - ECB president Lagarde

Top US earnings:

AECOM (ACM.US)- after market close

Amgen Inc. (AMGN.US)- after market close

Hasbro, Inc (HAS.US)- before market open

Loews (L.US)- before market open

Simon Property Group, Inc. (SPG.US)- after market close

Take-Two Interactive (TTWO.US)- after market close

Tyson Foods, Inc. (TSN.US)- before market open

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