Economic calendar: OPEC+ talks in focus

European markets seen opening lower
OPEC+ ministerial talks
Flash inflation data from Europe

European stock markets are seen opening lower following a lacklustre Asian session. Today's economic calendar is dominated by flash inflation data from Europe as well as some housing market data from the US and Canada. However, the big event of the day is OPEC+ meeting. Oil producers failed to reach consensus on output cuts yesterday and some significant differences remain. Talks will continue today and possibly tomorrow with markets hoping for a 3-6 month extension to current supply limits.

8:00 am GMT - Spain, HICP inflation for November. Expected: -0.8% YoY. Previous: -0.9% YoY

9:00 am GMT - Poland, GDP report for Q3 (revision). First release: 7.7% QoQ

10:00 am GMT - Italy, HICP inflation for November. Expected: -0.4% YoY. Previous: -0.3% YoY

1:00 pm GMT - Germany, HICP inflation for November. Expected: -0.5% YoY. Previous: -0.5% YoY

1:30 pm GMT - Canada, building permits for October. Expected: -3.8% MoM. Previous: +17% MoM

2:45 pm GMT - US, Chicago PMI for November. Expected: 59. Previous: 61.1

3:00 pm GMT - US, pending home sales for October. Expected:+1% MoM. Previous: -2.2% MoM

Central bankers' speeches

10:30 am GMT - ECB President Lagarde
2:00 pm GMT - ECB Hakkarainen

Noteworthy US earnings releases

Zoom Video Communications (ZM.US) - after session close

7 November 2025, 6:56 AM

Economic calendar: Canadian labor market data and FED speakers 🔎

7 November 2025, 6:41 AM

Morning wrap (07.11.2025)

6 November 2025, 7:23 PM

Daily summary: Optimism on Wall Street eases again🗽US Dollar drops from recent highs

6 November 2025, 4:09 PM

BREAKING: US House Speaker Johnson signals risk of longer US government shutdown

economic reports

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Economic calendar: OPEC+ talks in focus

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