Read more
6:20 AM · 9 July 2024

Economic calendar: Powell's semi-annual testimony in focus

EUR/USD
Forex
-
-
  • Futures point to slightly higher opening of European cash session
  • The main macro event of the day will be Powell's interim testimony before government committees
  • Over the course of the day, investors will also hear comments from FED Bowman and FED Barr 

The start of Tuesday's session in the stock markets may bring moderate gains in most stock indexes. This comes after a relatively good session in Asia, where Japan's Nikkei added more than 2% and thus broke out to new historic highs. Investors' attention will turn today to corporate news and Powell's testimony in Congress, where comments on the Reserve's further decisions regarding the path of interest rates may come.

Highlights of the day:

  • 02:15 pm BST - Fed's Barr speech
  • 03:00 pm BST - Powell's testimony in Congress (a transcript of the comments may be published earlier on the Fed's website)
  • 06:30 pm BST - FED's Bowman speech
  • 09:40 pm BST - API data on change in US crude oil inventories
14 November 2025, 6:50 PM

Daily summary: Wall Street tries to stop the sell-off 📌Gold down 1.8%, Bitcoin loses 4.5%

14 November 2025, 1:31 PM

BREAKING: Canadian Wholesale & Manufacturing Sales higher than expected 📊USDCAD reacts

14 November 2025, 11:14 AM

BREAKING: EU GDP data slightly above expectations! 📈💶

14 November 2025, 10:28 AM

DE40: European markets extend decline

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits