Economic calendar: Speeches from bankers and Biden

European markets expected to open higher
Biden to speak on US manufacturing in the evening
Lagarde and Bailey to deliver speeches

European stock markets are expected to open higher at the beginning of a new week. Economic calendar is light today and there are no major market-moving releases scheduled. The only noteworthy point in today's calendar is Biden's speech at 8:45 pm GMT. US President will speak on the manufacturing sector and is expected to sign executive orders aimed at strengthening US manufacturing. A number of central bank speakers may provide some volatility on the FX market.

9:00 am GMT - Germany, IFO index for January. Expected: 92. Previous: 92.1

9:00 am GMT - Poland, industrial production for December. Expected: 8.7% YoY. Previous: 5.4% YoY

8:45 pm GMT - Biden speech

Central bankers' speeches

7:45 am GMT - ECB President Lagarde
10:45 am GMT - ECB Panetta
1:45 pm GMT - ECB Lane
2:45 pm GMT - Bundesbank President Weidmann
4:00 pm GMT - ECB President Lagarde
5:00 pm GMT - BoE Governor Bailey

US earnings releases

Cadence (CDNS.US) - before market open
Kimberly-Clark (KMB.US) - before market open
Steel Dynamics (STLD.US) - after market close

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Economic reports

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