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European and US futures trade slightly lower
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US housing market data
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Earnings reports from major US retailers
S&P 500 continues to hover near record levels. The index closed just a notch below it yesterday as investors mostly played down lack of coronavirus relief agreement in the United States. As the economic calendar is almost empty today, headlines may play a major role. Apart from that, investors should keep in mind that Q2 earnings reports from 3 major US retailers - Walmart, Kohl's and Home Depot - will be released ahead of Wall Street session open.
1:30 pm BST - US, housing market data for July.
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Building permits. Expected: 1320k. Previous: 1258k
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Housing starts. Expected: 1240k. Previous: 1186k
9:40 pm BST - API report on oil inventories. Expected: -2.5 mb. Previous: -4.4 mb
Asian session ahead
0:50 am BST - Japan, trade balance for July and machinery orders for June.
Noteworthy US earnings
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Walmart (WMT.US) - before market open
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Kohl's (KSS.US) - before market open
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Home Depot (HD.US) - before market open
Daily summary: Wall Street, precious metals and EURUSD surge📈Bitcoin under pressure
Economic calendar: Key U.S. data to shift focus from geopolitics (22.01.2026)
Market Wrap: Wall Street and Europe lose ground; markets await Trump in Davos🛣️
What next for interest rates in the UK❓ Tobacco and airfare drive up prices in the economy 📈