Read more
8:02 AM Ā· 11 October 2024

Economic calendar: US PPI and consumers sentiments in focus šŸ“ŠCanadian labor market data

  • European indexes record small declines before the open; some weakness is also seen in Wall Street futures trading
  • Producer Price Inde (PPI) from the US (1:30 PM BST) and sentiment and inflation expectations according to Michigan in focus of markets (3 PM BST)
  • Possible elevated volatility on USDCAD; market awaits Canadian labor market data (14:30)
  • Results from BlackRock, J.P. Morgan, BNY Mellon and Wells Fargo ahead of the start of the US session

Today's session will bring more inflation readings from the States; yesterday's CPI data turned out to be higher than forecast, and today's PPI may say more, on whether this reading, for sure, was 'coincidentally' higher, or whether the other inflationary data are also trending towards a diminishing potential for further declines. The market will also pay attention to further comments from Fed bankers, and consumer sentiment and inflation expectations, which will tell us even more about current trends in the US economy. A rise in inflation expectations, with solid consumer sentiment, would seem particularly 'pro-dollar'.

Macro calendar

1:30 PM BST - Canada, employment change (September): 28.5k forecast vs. 22.1k previously

  • Unemployment rate: 6.7% vs. 6.6% previously
  • Hourly wages y/y: 4.7% forecast vs. 4.9% previous
  • House building permits m/m: -6.1% forecast vs 22.1% previous

1:30 PM BST - US, PPI inflation (September): 1.6% forecast vs 1.7% prior (0.1% forecast vs 0.2% prior)

  •  PPI: 2.7% forecasts 2.3% previous (0.2% forecasts and 0.3% previous)

3:30 PM BST - US, Consumer Sentiment by University of Michigan: 71 forecasts vs. 70.1 2 previously

  • Expectations: 74.8 forecasts vs. 74.4 previously
  • Current condition: 64 forecasts vs. 63.3 previously
  • 1-year inflation expectations: 2.7% forecast vs 2.7% previously
  • 5-year inflation expectations: 3% of forecasts vs. 3.1% previously

Central bankers' speeches:

  • 12:45 PM BST - Fed Goolsbee, Bowman

  • 3:45 PM BST- Fed Logan

  • 6:10 PM BST - Fed Bowman
     

17 April 2026, 8:11 AM

Economic Calendar: A Calm End to the Week!

16 April 2026, 7:11 PM

Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues

16 April 2026, 6:32 PM

BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal

16 April 2026, 7:52 AM

Economic Calendar - Final Eurozone Inflation and U.S. Industrial Production (16.04.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores MobiliÔrios (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits