Economic calendar: PMI data and Nvidia results in focus!

• European index futures point to a higher opening of the session on the Old Continent.

• Investors' attention will focus today on PMI data readings and Nvidia results (after the US session).

European index futures point to a higher opening of the session on the Old Continent. This comes after a relatively good session in Asia-Pacific, with the Nikkei up 0.25%, the S&P/ASX 200 gaining 0.57% and the Hang Seng adding over 0.78%. 

Overall, today's session will focus primarily on PMI data readings. Moreover, investors will learn about Canadian retail sales data and US new home sales.  At the beginning of the session, the most volatile instruments are: (FX market) JPY and AUD (ups) CHF and CAD (downs); (commodities) SILVER and CORN (ups) SOYABEAN and WTI (downs). 

Calendar for today's session: 

08:15 am BST - France, PMI index for August. 

• Industry. Forecast: 45.1. Previously: 45,1.

• Services. Forecast: 47.4. Previously: 47,1.

08:30 am BST - Germany, PMI index for August. 

• Industry. Forecast: 38.7; earlier: 38,8.

• Services. Forecast: 51.5. Previously: 52,3.

09:00 am BST - Eurozone, PMI index for August.

• Industry. Forecast: 42.6. Previously: 42,7.

• Services. Forecast: 50.5. Previously: 50,9.

09:30 am BST - UK, PMI index for August.

• Industry. Forecast: 45.0. Previously: 45,3.

• Services. Forecast: 50.9. Previously: 51,5.

01:30 pm BST - Canada, retail sales for June.

• Sales m/m. Forecast: 0.3%. Previously: 0%

• Excluding cars m/m. Forecast: 0%. Previously: 0,2%.

02:45 pm BST - USA, PMI index for August.

• Industry. Forecast: 49.3. Previously: 49,0.

• Services. Forecast: 52.2. Previously: 52,3.

03:00 pm BST - US, US new home sales. 

• Forecast: 705k. Previously: 697k. 

03:30 pm BST - USA, change in crude oil inventories. 

• Oil. Forecast: -2.9 bbl. Previously: -5.96 bbl

• Gasoline. Forecast: -1 bbl Previously: - 0.26 bbl

• Distillates. Forecast: 0.3 bbl Previously: 0.3 bbl

Quarterly results to be released during today's session:

• NVIDIA Corporation (after-session)

• Analog Devices, Inc. (pre-session)

• Snowflake Inc. (after-session)

• Autodesk, Inc. (after-session)