Economic calendar: OPEC+ and Powell

European markets expected to open lower
Oil awaits OPEC+ meeting
Powell's speech important for equities

European stock index futures point to a lower opening of the European session. However, a big part of the overnight losses has been recovered during the second half of the Asian session. There are 2 big events scheduled for today - OPEC+ meeting and Powell's speech. There seems to be no market consensus for how much and whether OPEC+ brings back production so oil may get volatile once a decision is announced. Powell event will be an interesting one as it will be mostly Q&A session. He will probably stick to repeating that outlook remains uncertain and stimulus is still needed. However, if he continues to play spiking yields, equities may find themselves under pressure.

10:00 am GMT - Euro area, retail sales for January. Expected: -1.1% MoM. Previous: 2% MoM

1:30 pm GMT - US, jobless claims. Expected: 775k. Previous: 730k

2:00 pm GMT - OPEC+ meeting.

3:00 pm GMT - US, factory orders for January. Expected: 2.1% MoM. Previous: 1.1% MoM

5:05 pm GMT - Powell speech

US earnings

Costco (COST.US) - after market close
Kroger (KR.US) - before market open

17 April 2026, 8:11 AM

Economic Calendar: A Calm End to the Week!

16 April 2026, 7:11 PM

Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues

16 April 2026, 6:32 PM

BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal

16 April 2026, 7:52 AM

Economic Calendar - Final Eurozone Inflation and U.S. Industrial Production (16.04.2026)

Economic reports

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