Economic calendar: Powell and earnings from US retailers

Markets rally on vaccine hopes and EU stimulus
Powell to appear in Senate in the afternoon
US retailers to report earnings

Investors remain in upbeat moods thanks to promising results of Moderna's vaccine and a big recovery fund agreed on by France and Germany. Meanwhile, traders almost completely play down heating Sino-US tensions and deteriorating trade relationship between Australia and China. Powell's speeches are always seen as a big event but text for today's appearance before the Senate Banking Committee was already released and the event should not be too surprising.

10:00 am BST - Germany, ZEW index for May. Expected: 32 pts Previous: 28.2 pts

1:30 pm BST - US, building permits for April. Expected: 1000k Previous: 1350k

1:30 pm BST - US, housing starts for April. Expected: 927k Previous: 1216k

3:00 pm BST - Powell appears before the Senate Banking Committee. Fed Chair Powell will appear before the Senate Banking Committee today. However, the text of his remarks was released overnight therefore speech itself may be a non-event. Powell will say that rates will remain low until the economy gets back on track.

9:40 pm BST - API report on oil inventories. Expected: -0.5 mb Previous: +7.6 mb

Noteworthy US earnings releases

Advance Auto Parts (AAP.US) - before market open
Kohl's Corporation (KSS.US) - before market open
Home Depot (HD.US) - before market open
Walmart (WMT.US) - before market open

9 March 2026, 6:44 AM

Economic calendar: US CPI Inflation the Most Important Report of the Week 🔎

9 March 2026, 6:36 AM

Market wrap (09.03.2026)

6 March 2026, 1:30 PM

BREAKING: US100 ticks lower 📊US NFP report much weaker than expected

6 March 2026, 7:20 AM

Economic Calendar - All Eyes on NFP (06.03.2026)

Economic reports

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