Economic calendar: Markets await FOMC decision

European indices seen opening higher
Fed decision day!
OECD to publish new projections

Global stock rally slowed yesterday but major bullish gaps are expected at the launch of today's European session. Traders should keep in mind that it is a Fed decision day so the market may be in wait-and-see mode until evening.

Readings and events scheduled for today

10:00 am BST - OECD publishes outlook on the global economy.

1:30 pm BST - US, CPI inflation for May.

Headline. Expected: 0.2% YoY. Previous: 0.3% YoY
Core. Expected: 1.3% YoY. Previous: 1.4% YoY

3:30 pm BST - DOE report.

Change in oil inventories. Expected: -1.5 mb
Change in gasoline inventories. Expected: -0.1 mb
Change in distillate inventories. Expected: +2.9 mb

7:00 pm BST - FOMC decision. Rate decision from the Federal Reserve is unquestionably the key event of the day. Rates are likely to be left at current levels and messages are likely to be cautious. However, some questions on balance sheet and yield curve control are expected to be asked during Powell's press conference (7:30 pm BST).

Central bankers speeches scheduled for today

8:00 am BST - ECB's Muller
8:30 am BST - ECB's Kazimir
1:00 pm BST - ECB's Schnabel
1:00 pm BST - ECB's Knot
2:30 pm BST - ECB's de Guindos

16 June 2026, 6:53 PM

Daily Summary - Oil Nearly Erases War Gains as Wall Street Pulls Back Ahead of Fed Decision (16.06.2026)

16 June 2026, 4:50 PM

What does the Bank of Japan's rate hike mean for the yen?

16 June 2026, 8:03 AM

AUDUSD falls after RBA decision despite maintaining a hawkish stance ⚔️

16 June 2026, 7:42 AM

Economic calendar: US housing market data in focus 🔎

Economic reports

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