Economic calendar: US CPI and central bankers speeches

• European markets expected to open slightly higher

• Speeches from ECB, BoE and Fed chiefs

• January CPI data from the United States

European stock markets are expected to open slightly higher today, following an upbeat Asian session. US CPI data for January is a key release of the day. Apart from that, chiefs of 3 major central banks - Fed, ECB and BoE - are expected to deliver speeches in the afternoon. Powell's speech looks to be the most interesting as he will speak on his outlook for the economy.

US Senate has voted to hold Trump's impeachment trial and proceedings are expected to continue today. However, as Trump is already out of office it should not have an impact on stock markets.

7:45 am GMT - France, industrial production. Expected: 0.2% MoM. Previous: -0.9% MoM

1:30 pm GMT - US, CPI inflation for January.

• Headline. Expected: 1.5% YoY. Previous: 1.4% YoY

• Core. Expected: 1.5% YoY. Previous: 1.6% YoY

3:00 pm GMT - US, wholesale inventories for December. Expected: 0.1% MoM. PreviousL 0.0% MoM

3:30 pm GMT - DOE report on oil inventories.

• Oil inventories. Expected: +1.3mb

• Gasoline inventories. Expected: +1.8 mb

• Distillate inventories. Expected: -0.8 mb

Central bankers speakers

• 1:00 pm GMT - ECB President  Lagarde

• 5:00 pm GMT - BoE Governor Bailey

• 7:00 pm GMT - Fed Chair Powell

Noteworthy US earnings

• Coca-Cola (KO.US) - before market open

• General Motors (GM.US) - before market open

• Uber Technologies (UBER.US) - after market close