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European markets seen opening higher
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UoM consumer sentiment expected to improve in April
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Earnings reports from Morgan Stanley and Bank of New York Mellon
European stock markets are seen opening higher following a record session on Wall Street and gains booked by Asian indices. German DAX is seen opening near the 15,300 pts mark while S&P 500 futures trades near 4,155 pts.
There are some noteworthy readings scheduled for release today but their impact on the markets has diminished over the past year or two. US housing market data for March will be released at 1:30 pm BST while University of Michigan will release the latest consumer sentiment data at 3:00 pm BST. Investors will also be served some earnings reports from US financial institutions, including Morgan Stanley and State Street Corporation.
10:00 am BST - Euro area, CPI inflation for March (final). First release: 1.3% YoY
1:00 pm BST - Poland, core CPI inflation for March. Expected: 3.9% YoY. Previous: 3.7% YoY
1:30 pm BST - US, housing market data for March.
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Housing starts. Expected: 1614k. Previous: 1421k
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Building permits. Expected: 1750k. Previous: 1614k
1:30 pm BST - Canada, wholesale sales for February. Expected: -0.4% MoM. Previous: +4% MoM
3:00 pm BST - US, University of Michigan consumer sentiment for April. Expected: 88.6. Previous: 84.9
US earnings releases
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Morgan Stanley (MS.US) - before market open
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State Street Corporation (STT.US) - before market open
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Bank of New York Mellon (BK.US) - before market open