Economic calendar: Tesla earnings and oil inventories

7:48 AM 21 October 2020
  • European futures trade higher

  • US stimulus talk continue

  • Tesla to report earnings after closing bell

European futures point to a higher opening of today's cash session. US stimulus agreement still has not been reached. In spite of Democrats setting a deadline for Tuesday, Nancy Pelosi said that she hopes an agreement can be reached this week. On the other hand, Republicans in the Senate are asking Trump not to pursue a stimulus bill before elections. US politics are one of the factors to watch during afternoon trading. Tesla is set to report earnings after the close of the US session today while biotechs Abbott Laboratories and Biogen will report before US trading begins.

9:00 am BST - Poland, retail sales for September. Expected: 2.2% YoY. Previous: 0.4% YoY

1:30 pm BST - Canada, CPI inflation for September. Expected: 0.4% YoY. Previous: 0.1% YoY

3:30 pm BST - US, DOE report on oil inventories.

  • Oil inventories. Expected: -0.25 mb

  • Distillate inventories. Expected: -1.6mb

  • Gasoline inventories. Expected: -1.8 mb

Central bankers' speeches

  • 11:00 am BST - ECB de Guindos

  • 1:10 pm BST - BoE Ramsden

  • 1:50 pm BST - Fed Brainard

  • 3:00 pm BST - Fed Mester

  • 5:00 pm BST - ECB de Guindos

Key US earnings

  • Abbott Laboratories (ABT.US) - before market open

  • Biogen (BIIB.US) - before market open

  • Verizon Communications (VZ.US) - before market open

  • Tesla (TSLA.US) - after market close

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