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European markets set for lower opening
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DoE report expected to show drop in energy inventories
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Canadian CPI data to be released at 1:30 pm BST
Futures markets point to a slightly lower opening of today's cash session. Day ahead looks calm in terms of scheduled data releases. Oil traders will be offered a DOE report at 3:30 pm BST that is expected to show a drop in energy inventories. Note that yesterday's API report showed a bigger-than-expected drop in oil inventories. CAD may get a chance to move in the early afternoon when Canadian CPI data is released at 1:30 pm BST. Last but not least, traders will be offered speeches from central bankers, including BoJ Governor Kuroda
9:00 am BST - Italy, CPI inflation for August (final). First release: 2.1% YoY
10:00 am BST - Euro area, industrial production for July. Expected: 0.5% MoM. Previous: -0.3% MoM
1:30 pm BST - US, New York Empire index for September. Expected: 18.1. Previous: 18.3
1:30 pm BST - Canada, CPI inflation for August. Expected: 3.9% YoY. Previous: 3.7% YoY
2:15 pm BST - US, industrial production for August. Expected: 0.5% MoM. Previous: 0.9% MoM
3:30 pm BST - DOE report on oil inventories
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Oil inventories. Expected: -3.8 mb
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Gasoline inventories. Expected: -1.9 mb
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Distillate inventories. Expected: -1.3 mb
Central bankers' speeches
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1:20 pm BST - BoJ Governor Kuroda
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1:30 pm BST - ECB Schnabel
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4:00 pm BST - ECB Lane
