- European markets set to open slightly lower
- Bank of Canada interest rate decision
- DOE report on oil inventories
Futures markets point to a slightly lower opening of today's cash trading session in Europe. Once again the economic calendar for the European morning is empty with no major releases scheduled. However, things get a bit more interesting in the afternoon, especially for CAD traders. Bank of Canada is set to announce a monetary policy decision at 3:00 pm GMT. Rates will remain unchanged but some important guidance may be offered, especially given a recent hawkish shift from Fed officials like Powell and strong economic data from Canada. Oil traders will focus on DOE report at 3:30 pm GMT.
12:00 pm GMT - US MBA mortgage applications w.e. 3 December. Previous -7.2%
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app3:00 pm GMT - US, JOLTS Job Openings. Expected: 10.45 million. Previous: 10.44 million
3:00 pm GMT - Bank of Canada decision
3:30 pm GMT - DOE report on oil inventories.
• Oil inventories. Expected: -1.705 mb (API: -3.089 mb)
• Gasoline inventories. Expected: 1.798 mb
• Distillate inventories. Expected: 1.571 mb
Central bankers' speeches
• 8:15 am GMT - ECB President Lagarde
• 22:05 pm GMT – RBA Gov. LoweThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
