- Markets remain nervous as Covid-19 cases continue to rise
- US existing home sales seen dropping 3% in May
- 3 ECB members to deliver speeches
European futures trade lower ahead of the cash session open. Markets remain jittery amid continuous rise in new coronavirus cases. There aren’t many important events scheduled for today. Polish retail sales data will be released in the morning while US existing home sales dat will be the only noteworthy release during the US trading hours. Last but not least, 3 ECB members will deliver speeches today.
9:00 am BST – Poland, retail sales for May. Expected: -12.9% YoY. Previous: -22.6% YoY
3:00 pm BST – US, existing home sales for May. Expected: -3% MoM. Previous: -17.8% MoM
Central bankers’ speeches
- 10:45 am BST – ECB’s Hakkarainen
- 3:15 pm BST – ECB’s de Guindos
- 5:30 pm BST – ECB’s Lane
BREAKING: UK GDP and manufacturing lower than expected 📉Final German CPI in line with expectations
Morning wrap (12.12.2025)
BREAKING: US wholesale sales lower than expected
BREAKING: US jobless claims above expectations🗽