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

12 February 2026, 7:03 PM

Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure

12 February 2026, 1:31 PM

BREAKING: US jobless claims slightly higher than expected

12 February 2026, 8:33 AM

Economic calendar: US Jobless Claims and ECB Speeches to Offer Markets Breathing Room (12.02.2026)

12 February 2026, 7:04 AM

BREAKING: Pound frozen after lower-than-expected GDP data from UK 🇬🇧 📉

Economic reports

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