Economic calendar: Policy panel with Lagarde, Powell and Bailey

• European markets seen opening slightly lower

• Policy panel with Fed, ECB and BoE chiefs

• Cisco and Walt Disney to report earnings

Futures trading points to a slightly lower opening of the European cash session today. Vaccine news rally slowed and so has rotation out of tech and into value. Investors will be served a few interesting reading today including industrial production from EU and CPI inflation from the United States. However, policy panel held during the ECB forum will be especially on watch as it will be attended by chiefs of Fed, ECB and BoE. Central bankers may hint whether outlook for monetary policy and stimulus has changed due to recent vaccine breakthrough

10:00 am GMT - Euro area, industrial production for September. Expected: +0.7% MoM. Previous: +0.7% MoM

1:30 pm GMT - US, CPI inflation for October.

• Headline. Expected: 1.3% YoY. Previous: 1.4% YoY

• Core. Expected: 1.7% YoY. Previous: 1.7% YoY

4:00 pm GMT - DOE report on oil inventories

• Oil inventories. Expected: -1.3 mb

• Gasoline inventories. Expected: -0.9 mb

• Distillate inventories. Expected: -2.2 mb

4:45 pm GMT - ECB forum. Policy panel with Lagarde, Powell and Bailey

Noteworthy earnings releases

• Cisco Systems (CSCO.US) - after market close

• Walt Disney (DIS.US) - after market close