Economic calendar: Conference Board index, CPI data from France and Spain

• European indices set for flat opening

• Flash CPI data for February from France and Spain

• Conference Board consumer confidence index seen improving in February

Futures markets point to a more or less flat opening of the European cash session today. DAX futures currently trade around 10 points above yesterday's cash closing levels. Oil is advancing while precious metals trade little changed amid USD strengthening. Major cryptocurrencies are trading mixed.

Economic calendar for the day ahead includes some interesting releases both - in the morning as well as in the afternoon. Traders will focus on flash CPI data from France and Spain during the European morning trade while attention in the afternoon will be focused on the Conference Board consumer confidence index for February. Oil may see some moves on API report release in the evening. Last but not least, Financial Times reports that UK Prime Minister Sunak is heading to Belfast today to win support for his Northern Ireland deal in Northern Ireland.

7:45 am GMT - France, CPI inflation for February. Expected: 6.1% YoY. Previous: 6.0% YoY

8:00 am GMT - Spain, CPI inflation for February. Expected: 5.7% YoY. Previous: 5.9% YoY

9:00 am GMT - Poland, GDP report for Q4 2022 (revision). First release: -2.4% QoQ

1:30 pm GMT - Canada, GDP report for Q4 2022 (annualized). Expected: 1.5%. Previous: 2.9%

2:45 pm GMT - US, Chicago PMI for February. Expected: 45.0. Previous: 44.3

3:00 pm GMT - US, Conference Board consumer confidence index for February. Expected: 108.5. Previous: 107.1

9:40 pm GMT - API report on US oil inventories. Expected: +0.8 mb. Previous: +9.89 mb

Central bankers' speeches

• 10:15 am GMT - BoE Cunliffe

• 12:15 pm GMT - BoE Pill

• 12:30 pm GMT - BoE Mann

• 7:30 pm GMT - Fed Goolsbee

• 10:30 pm GMT - RBA Jones