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European markets expected to open higher
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US jobless claims due at 1:30 pm BST
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ECB President and BoC Chairman scheduled to speak
Global stock markets seem to be recovering from yesterday's sell-off. European futures point to a higher opening of today's cash session. Nevertheless, hints in FOMC minutes pointing to potential taper discussions during upcoming meetings may keep investors nervous. Cryptocurrencies remain volatile.
There are no major market moving readings scheduled for today. US jobless claims will be released in the early afternoon but markets no longer move on this release as they used to. Apart from that, investors will get to hear from ECB President Lagarde and BoC Chairman Macklem in the afternoon.
9:00 am BST - Poland, labour market report for April.
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Employment. Expected: 1.1% YoY. Previous: -1.3% YoY
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Wage growth. Expected: 10.4% YoY. Previous: 8% YoY
1:30 pm BST - US, Philadelphia Fed index for May. Expected: 43. Previous: 50.2
1:30 pm BST - US, jobless claims. Expected: 450k. Previous: 473k
3:30 pm BST - EIA natural gas storage. Expected: 60 bcf. Previous: 71 bcf
Central bankers' speeches
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1:00 pm BST - ECB President Lagarde
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4:00 pm BST - BoC Chairman Macklem
US earnings
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Applied Materials (AMAT.US) - after market close
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Hormel Foods (HRL.US) - before market open
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Kohl's Corporation (KSS.US) - before market open
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Ross Stores (ROST.US) - after market close