Economic calendar: US corporate results and durable goods orders report

7:59 AM 26 April 2023
  • European indices set for higher open

  • GfK data support sentiment in Europe

  • US durable goods orders data 

European index futures are trading slightly higher ahead of the opening of the cash session. This follows good GfK data, which showed that German consumer confidence climbed to levels not seen in over a year. The US dollar continues to come under downward pressure against a basket of other G10 currencies. 

The economic calendar for the next day is modest, but includes some interesting data from the US. Investors' attention will primarily turn to the reading on durable goods orders and the US oil inventories report. Volatility will also be created by quarterly reports from Wall Street and European companies. 

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Economic calendar: 

09:00 BST - Poland, unemployment rate for March.

  • Expectations: 5.4% YoY. Previously: 5.5% YoY.

13:30 BST - USA, durable goods orders for March.

  • Durable goods orders (MoM). Expectations: 0.8%. Earlier: -1%.

  • Orders for goods excluding trans. (MoM). Expectations: -0.2%. Previously: -0.1%.

15:30 BST - USA, weekly oil inventory change data.

  • Change in oil inventories. Expectations: -1.7 bbl. Previously: -4.58 bbl.

  • Change in gasoline stocks. Expectations: -1.5 bbl. Previously: 1.3 bbl.

  • Change in distillate stocks. Expectations: -1 bbl. Previously: -0.36 bbl.

Central bankers' speeches

  • ECB Enria - 08:30 BST

  • ECB Jochnick - 10:20 BST

  • ECB De Guindos - 13:00 BST

  • ECB Tuominen - 14:45 BST

Key reports from Wall Street:

  • CME Group Inc. (CME.US) - before the market opens

  • Spirit Airlines, Inc. (SAVE.US) - after the market close

  • Edwards Lifesciences Corp. (EW.US) - after the market close

  • Meta Platforms Inc (META.US) - after the market close

  • Boeing Co. (BA.US) - before market open

  • Roku, Inc. (ROKU.US) - after the market close

 

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