Economic calendar: Second-tier data from US and Canada, central bankers' speeches

• European index futures trade flat or slightly higher
• Second-tier data from US and Canada
• New Zealand Q3 CPI report, RBA minutes

European index futures point to a flat or slightly higher opening for the majority of blue chips benchmarks from the Old Continent. NZD is trading higher following elections in New Zealand that saw right-wing parties win. Gold is pulling back amid uptick in yields, with 10-year US Treasury yield climbing 5 basis points. Oil is trading little changed amid lack of new major developments in the Middle East over the weekend.

Economic calendar for the day ahead is light. Traders will be offered second-tier releases from Italy, US and Canada. NZD may see some more volatility in the evening when Q3 CPI data is released while AUD may see some moves following RBA minutes release.

9:00 am BST - Italy, CPI inflation for September (final). First release: 5.3% YoY

1:00 pm BST - Poland, core CPI for September. Expected: 8.6% YoY. Previous: 10.0% YoY

1:30 pm BST - US, New York Empire index for October. Expected: -7.0. Previous: +1.9

1:30 pm BST - Canada, wholesale sales for August. Expected: 2.5% MoM. Previous: 0.2% MoM

Asia-Pacific session

10:45 pm BST - New Zealand, CPI inflation for Q3 2023. Expected: 2.0% QoQ. Previous: 1.1% QoQ

1:30 am BST - RBA minutes

Central bankers' speeches

• 8:00 am BST - ECB Villeroy
• 9:30 am BST - BoE Pill
• 11:30 am BST - ECB De Cos
• 3:30 pm BST - Fed Harker
• 9:30 pm BST - Fed Harker

Top Wall Street earnings releases today

• Charles Schwab (SCHW.US) - before market open