Today’s calendar is exceptionally light. The only releases worth noting today are the EIA oil inventory change and the minutes from the March FOMC meeting.
The focus of the markets remains on developments in the Middle East conflict, and more specifically whether the parties can reach an agreement within a short negotiation window. As a result, we are seeing strong TACO-related moves in the market, meaning macroeconomic data releases will be of secondary importance.
Detailed calendar for the day:

Economic calendar: Strong reading from the UK labour market, German ZEW in focus
Morning wrap: Indices Look for a Rebound Amid the U.S.-Iran Conflict (21.07.2026)
Daily Summary: China Shows Its Teeth on AI; The U.K. Sees a Government Revolution ๐๏ธ
Economic calendar - Europe's Inflation and US Housing Market in Spotlight