Economic calendar: GDP data from Europe and quarterly reports from Amazon and AMD 📌

Today, several GDP reports for the first quarter of 2024 from Eurozone member countries are scheduled, along with a report for the entire Eurozone at 10:00 AM BST. Expectations indicate moderate readings, with the Eurozone GDP expected to be 0.2% year-on-year and 0.1% quarter-on-quarter.

In the second half of the day, investor attention will shift across the Atlantic to the USA. No significant macroeconomic publications are scheduled for today, but before and after the close of the cash session, results from several major companies, including AMD, Amazon, and Super Micro Computer, will be released.

Detailed quarterly earnings calendar:

• Coca-Cola (KO.US) - before the session
• Paypal (PYPL.US) - before the session
• McDonald’s (MCD.US) - before the session
• AMD (AMD.US) - after the session
• Amazon (AMZN.US) - after the session
• Super Micro Computer (SMCI.US) - after the session
• Starbucks (SBUX.US) - after the session

Economic calendar:

07:00 AM BST, Germany - Retail Sales Data for March:

• German Retail Sales: forecast 1.3% MoM; previous -1.9% MoM;
• German Retail Sales: previous -2.7% YoY;

07:45 AM BST, France - Inflation Data for April:

• French CPI: forecast 2.1% YoY; previous 2.3% YoY;
• French HICP: forecast 2.2% YoY; previous 2.4% YoY;

08:00 AM BST, Spain - GDP data:

• Spanish GDP (Q1): forecast 1.9% YoY; previous 2.0% YoY;
• Spanish GDP (Q1): forecast 0.4% QoQ; previous 0.6% QoQ;

08:55 AM BST, Germany - Employment Data for April:

• German Unemployment Rate: forecast 5.9%; previous 5.9%;

09:00 AM BST, Germany - GDP data:

• German GDP (Q1): forecast 0.1% QoQ; previous -0.3% QoQ;
• German GDP (Q1): forecast -0.2% YoY; previous -0.2% YoY;

10:00 AM BST, Euro Zone - GDP data:

• GDP (Q1): forecast 0.2% YoY; previous 0.1% YoY;
• GDP (Q1): forecast 0.1% QoQ; previous 0.0% QoQ;

10:00 AM BST, Euro Zone - Inflation Data for April:

• Core CPI: forecast 2.6% YoY; previous 2.9% YoY;
• CPI: forecast 2.4% YoY; previous 2.4% YoY;

11:00 AM BST, Germany - German Buba Vice President Buch Speaks