- European markets seen opening higher
- Finalized June inflation figures for Eurozone
- US retail sales and consumer sentiment data
Futures markets point to a slightly higher opening of the European cash session today. It’s a relatively busy day ahead in terms of an economic calendar. Key stats for Europe include final CPI figures and trade data for Eurozone, however these should not have much impact on the market. US retail sales will be the key release of the US session and are expected to show higher value than month ago. Also consumer sentiment figures may also influence later in the day. Away from the economic calendar, any updates regarding the spread of the Delta variant may also draw interest.
10:00 am BST - Eurozone May trade balance. Expected: 7.9 B. Previous: 9.4 B.
10:00 am BST - Eurozone June final CPI. Expected: 1.9% YoY. Previous: 1.9% YoY
10:00 am BST - Eurozone June final Core CPI. Expected: 0.9% YoY. Previous: 0.9% YoY
1:30 pm BST - US, retail sales m/m. Expected: -0.4%. Previous: -1.3%
1:30 pm BST - US, core retail sales m/m. Expected: 0.4%. Previous: -0.7%
1:30 pm BST - US, Prelim UoM Consumer Sentiment. Expected: 86.5 Previous: 85.5
Central bankers' speeches
- 2:00 pm BST - Fed's Williams
US earnings releases
- First Horizon Corp (FHN.US) - before market open
- State Street Corp (STT.US) - before market open
- Kansas City Southern (KSU.US) - before market open
- Charles Schwab Corp (SCHW.US) - before market open
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