Economic calendar: Wall Street earnings in the spotlight

• European markets seen opening slightly higher

• CB consumer confidence index for April

• Avalanche of earnings reports from major US companies

European stock markets are seen opening higher in spite of a downbeat session in Asia. Futures market point to a small bullish gap of 0.1-0.2% for most major indices from the Old Continent at the opening of today's cash session. Economic calendar for European trading hours is empty but investors will be served some data in the afternoon. Conference Board consumer confidence index for April is today's top macro release and it is expected to show an improvement.

While the macro calendar is light today, the same cannot be said about Wall Street earnings calendar. Traders will be offered an avalanche of reports, including results from companies like Microsoft or Alphabet.

3:00 pm BST - US, CB consumer confidence index for April. Expected: 112.1. Previous: 109.7

3:00 pm BST - US, Richmond Fed index for April. Expected: 22. Previous: 17

9:40 pm BST - API report on oil inventories. Expected: -1.1 mb

US earnings reports

• 3M (MMM.US) - before market open

• Advanced Micro Devices (AMD.US) - after market close

• Alphabet (GOOGL.US) - after market close

• Amgen (AMGN.US) - after market close

• Archer Daniels Midland (ADM.US) - before market open

• Centene (CNC.US) - before market open

• Chubb Limited (CB.US) - after market close

• Eli Lilly (LLY.US) - before market open

• General Electric (GE.US) - before market open

• Microsoft (MSFT.US) - after market close

• Pinterest (PINS.US) - after market close

• Raytheon Technologies (RTX.US) - before market open

• Starbucks (SBUX.US) - after market close

• United Parcel Service (UPS.US) - before market open

• Visa (V.US) - after market close