Economic calendar: Second-tier data from US and Canada

European stock markets set for lower opening
Canadian housing data, NY empire index
Earnings from Take-Two Interactive and Tencent Music

Futures markets point to a lower opening of the European cash session. Much weaker than expected monthly data from China can be named as a reason behind a slgihtly weaker performance of risky assets at the beginning of a new week. Economy calendar for today lacks top tier releases. Investors will be offered some second-tier data from Poland, United States and Canada but those rarely have a big impact on market prices. Take-Two Interactive and Tencent Music will release earnings after close of the Wall Street session today.

1:00 pm BST - Poland, core CPI inflation for April. Expected: 7.6% YoY. Previous: 6.9% YoY

1:15 pm BST - Canada, housing starts for April. Expected: 246.6k. Previous: 246.2k

1:30 pm BST - US, New York Empire index for May. Expected: 16.5. Previous: 24.6

1:30 pm BST - Canada, wholesale trade for March. Expected: -0.2% MoM. Previous: -0.4% MoM

Central bankers' speeches

1:55 pm BST - Fed Williams

Wall Street earnings releases

Take-Two Interactive (TTWO.US) - after market close
Tencent Music Entertainment (TME.US) - after market close

5 December 2025, 6:56 PM

Daily Summary: Wall Street ends the week with a calm gain 🗽 Cryptocurrencies slide

5 December 2025, 3:01 PM

BREAKING: US PCE inflation in line with expectations 🔎UoM prelim data slightly higher

5 December 2025, 1:32 PM

BREAKING: Lower Unemployment in Canada🍁USDCAD sharply declines📉

5 December 2025, 11:42 AM

DE40: Adequate data, Mild growth

Economic reports

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Economic calendar: Second-tier data from US and Canada

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