Economic calendar: BoE decision, OPEC+ meeting

• European market set to open higher

• Rate decisions from Bank of England, Norges Bank

• OPEC+ meeting on output

European stock market indices are set for a higher opening of today's session. Moods on equity markets remain upbeat after FOMC announced a long-awaited tapering and refrained from providing details on rate hike timing. Investors will be offered rate decisions from two other central banks today - Norges Bank at 9:00 am GMT and Bank of England at 12:00 pm GMT. The latter is expected to be more interesting as economists are 50-50 split on whether BoE will leave rates unchanged or deliver a 15 basis point rate hike. Apart from that, OPEC+ will meet today to decide on future output. The most likely outcome is to maintain the current policy of boosting output by 400k bpd each month.

8:15 am GMT - Spain, services PMI for October. Expected: 55.9. Previous: 56.9

8:45 am GMT - Italy, services PMI for October. Expected: 54.5. Previous> 55.5

8:50 am GMT - France, services PMI for October (final). First release: 56.6

8:55 am GMT - Germany, services PMI for October (final). First release: 52.4

9:00 am GMT - Euro area, services PMI for October (final). First release: 54.7

9:00 am GMT - Norges Bank decision

10:00 am GMT - Euro area, PPI inflation for September. Expected: 15.2% YoY. PRevious: 13.4% YoY

12:00 pm GMT - Bank of England decision

12:30 pm GMT - US, trade balance for September. Expected: -$80.4 billion. Previous: -$73.3 billion

12:30 pm GMT - US, jobless claims. Expected: 275k. Previous: 281k

2:30 pm GMT - EIA natural gas storage. Expected: 67 bcf. Previous: 87 bcf

Central bankers' speeches

• 1:00 pm GMT - ECB President Lagarde

• 5:50 pm GMT - Fed Quarles

US earnings releases

• Moderna (MRNA.US) - before market open

• Square (SQ.US) - after market close

• Airbnb (ABNB.US) - after market close

• Uber Technologies (UBER.US) - after market close

• Cigna Corporation (CI.US) - before market open

• Regeneron Pharmaceuticals (REGN.US) - before market open

• Barrick GOld (GOLD.US) - before market open

• Occidental Petroleum (OXY.US) - after market close

• Pinterest (PINS.US) - after market close