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Economic calendar: US manufacturing ISM, Alphabet earnings

8:43 AM 1 February 2022

  • European markets set to open higher

  • US manufacturing ISM for January, monthly GDP report from Canada

  • Alphabet and PayPal to report earnings after session close

Futures markets point to a higher opening of today's trading session on the Old Continent. DAX futures trade around 100 points above yesterday's cash close. There are plenty of releases scheduled for today's European morning but sadly most of them are revisions of January's PMI data and won't have an impact on the markets. Canadian monthly GDP report for November will be released in the early afternoon followed by US manufacturing ISM for January some time later. API report on oil inventories wraps macro calendar for the day. However, there is also a range of earnings releases scheduled, including Alphabet and PayPal after close of the Wall Street session.

8:00 am GMT - Poland, manufacturing PMI for January. Expected: 56.4. Previous: 56.1

8:15 am GMT - Spain, manufacturing PMI for January. Expected: 56.0. Previous: 56.2

8:45 am GMT - Italy, manufacturing PMI for January. Expected: 61.5. Previous: 62.0

8:50 am GMT - France, manufacturing PMI for January (final). First release: 55.5

8:55 am GMT - Germany, manufacturing PMI for January (final). First release: 60.5

9:00 am GMT - Euro area, manufacturing PMI for January (final). First release: 59.0

9:30 am GMT - UK, manufacturing PMI for January (final). First release: 56.9

1:30 pm GMT - Canada, monthly GDP report for November. Expected: 0.4% MoM. Previous: 0.8% MoM

2:45 pm GMT - US, manufacturing PMI for January (final). First release: 55.0

3:00 pm GMT - US, ISM manufacturing for January. Expected: 57.5. PRevious: 58.8

3:00 pm GMT - US, construction spending for December. Expected: 0.6% MoM. Previous: 0.4% MoM

9:40 pm GMT - API report on oil inventories. Expected: +1.8 mb. Previous: -0.87 mb

Top US earnings

  • Advanced Micro Devices (AMD.US) - after market close

  • Alphabet (GOOGL.US) - after market close

  • Chubb Limited (CB.US) - after market close

  • Electronic Arts (EA.US) - after market close

  • Exxon Mobil (XOM.US) - before market open

  • General Motors (GM.US) - after market close

  • Gilead Sciences (GILD.US) - after market close

  • Microstrategy (MSTR.US) - after market close

  • PayPal Holdings (PYPL.US) - after market close

  • Starbucks (SBUX.US) - after market close

  • United Parcel Service (UPS.US) - before market open

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