Economic calendar: Oil traders wait for OPEC decision

OPEC meeting in Vienna
BoE and BoC Governors scheduled to speak
US hard data for January

OPEC meeting

Group of major oil producers will meet today in Vienna to discuss response to recent developments in the oil market. It looks like an output cut is a done deal after crude price plummeted 20%. The question remains how deep the cut will be. Saudi Arabia is said to be pushing for an over 1 mb output cut but others may not agree. Anything below that could be a disappointment for oil traders.

Data releases to watch today

1:30 pm GMT - US, jobless claims. Expected: 215k. Previous: 219k

3:00 pm GMT - US, factory orders for January. Expected. -0.1% MoM. Previous: 1.8% MoM

3:00 pm GMT - US, durable goods orders for January (final). Expected: -0.2% MoM

3:30 pm GMT - Natural gas storage change. Expected: -108 bcf. Previous: -143 bcf

Central bankers’ speeches

1:00 pm GMT - BoE Chief Economist Haldane
5:00 pm GMT - BoE Governor Carney
5:45 pm GMT - BoC Governor Poloz

2 November 2026, 6:40 AM

Economic Calendar - Global series of industrial PMI indicators and tech giants' results

2 November 2026, 6:21 AM

📊Morning Wrap: Oil falls after Qatar talks. China injects liquidity, while the US prepares for elections.

30 October 2026, 3:33 PM

Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?

29 October 2026, 1:19 PM

ECB Holds Rates Unchanged💶 EURUSD down 📉

Economic reports

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