Economic calendar: Relatively quiet day dominated by retail sales data 📌

Futures contracts indicate a lower opening in Europe
Retail sales data from the UK, Canada, and Poland

Futures contracts suggest a slightly lower opening of the cash sessions in Europe. Yesterday's session on Wall Street ended with a 0.85% decline, as investors are concerned about the escalation of conflict in the Middle East. Today's first half did not bring a calming of the situation on this front, and major indices in the Asia-Pacific region continued to decline.

Today is expected to be calm in terms of macroeconomic publications. However, this does not mean that the overall trading session should be expected to be calm as well. There's a noticeable nervous mood in the market. The most important publications today will be the retail sales data. At 7:00 AM BST, we learned data from the UK, which came out worse than expected, with annual sales falling by 1.0%. Later in the day, we will also get sales data for Poland and Canada.

Detailed calendar of the day:

9:00 AM (BST), Poland - Retail sales for September:

expectations: 3.0% YoY; previously 3.1% YoY

1:30 PM (BST), Canada - Retail sales for September:

retail sales: Expectations -0.3% MoM; previously 0.3% MoM
retail sales excluding autos: Expectations -0.1% MoM; previously 1.0% MoM

Quarterly company reports:

Schlumberger (SLB.US) - before the session
American Express (AXP.US) - before the session

28 November 2025, 8:38 AM

Economic calendar: German CPI and Canadian GDP in focus

28 November 2025, 8:01 AM

BREAKING: Swiss GDP data weaker than expected 📌Spanish CPI above forecats

28 November 2025, 7:55 AM

Consumer spending rises in France; inflation prelim declines📋

28 November 2025, 7:31 AM

EURNOK muted after weak Germany retail sales and Norwegian unemployment

Economic reports

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Economic calendar: Relatively quiet day dominated by retail sales data 📌

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