Economic calendar: US retail sales and Wall Street earnings

European stock markets expected to open lower
US retail sales seen flat month-over-month
Citigroup, JPMorgan and Wells Fargo report earnings

European markets are expected to open lower on the final trading day of the week. When it comes to economic release, US retail sales data for December is the most important print of the day. It is expected to show headline sales remain flat in month-over-month terms following a decline in November. Apart from that, 3 major US financial institutions will release Q4 earnings reports ahead of the Wall Street open - JPMorgan, Citigroup and Wells Fargo.

7:45 am GMT - France, CPI inflation for December (final). First release: 0% YoY

8:00 am GMT - Spain, CPI inflation for December. Expected: -0.5% YoY. Previous: -0.8% YoY

9:00 am GMT - Poland, CPI inflation for December. Expected: 2.3% YoY. Previous: 3% YoY

1:30 pm GMT - US, NY Empire index for January. Expected: 6. Previous: 4.9

1:30 pm GMT - US, retail sales for December.

Headline. Expected: 0% MoM. Previous: -1.1% MoM
Ex-autos. Expected: -0.1% MoM. Previous: -0.9% MoM

2:15 pm GMT - US, industrial production for December. Expected: 0.4% MoM. Previous: 0.4% MoM

3:00 pm GMT - US, Michigan consumer sentiment for January. Expected: 80. Previous: 80.7

Noteworthy US earnings releases

Citigroup (C.US) - before market open
JPMorgan (JPM.US) - before market open
Wells Fargo (WFC.US) - before market open

Central bankers' speeches

9:10 am GMT - ECB Enria

15 October 2025, 3:11 PM

Fed's Miran signals two more rate cuts this year and disinflationary process🗽

15 October 2025, 1:32 PM

BREAKING: NY Empire better than expected; EURUSD muted 📌

15 October 2025, 12:23 PM

Precious metals at record highs: Gold and Silver shine as the Fed ends its Tightening Cycle

15 October 2025, 10:45 AM

Fed Collins remarks on monetary policy and US economy🏛️EURUSD gains 0.2%

economic reports

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Economic calendar: US retail sales and Wall Street earnings

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