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European futures trade slightly higher after Biden-Xi phone call
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Canadian jobs data, US PPI inflation
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Speeches from ECB and Fed members
Futures market point to a slightly higher opening of today's European cash session. Risk moods improved overnight after news of the Biden-Xi phone call hit the market. While economic releases scheduled for today rarely have a major impact on stock markets, speeches from central bankers may trigger some short-term volatility on equities. ECB President Lagarde will hold a press conference at 10:30 am BST, after a Eurogroup meeting. Canadian dollar may be more volatile in the early afternoon as labour market data from the country will be released.
8:00 am BST - Spain, industrial production for July. Expected: 6% YoY. Previous: 11.1% YoY
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Open account Try demo Download mobile app Download mobile app9:00 am BST - Italy, industrial production for July. Expected: 0.1% MoM. Previous: 1% MoM
1:30 pm BST - US, PPI inflation for August.
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Headline. Expected: 8.2% YoY. Previous: 7.8% YoY
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Core. Expected: 6.6% YoY. Previous: 6.2% YoY
1:30 pm BST - Canada, labour market report for August.
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Employment. Expected: +75k. Previous: +94k
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Unemployment rate. Expected: 7.3%. Previous: 7.5%
3:00 pm BST - US, wholesales inventories for July. Expected: 0.6% MoM. Previous: 1.2% MoM
Central bankers' speeches
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9:00 am BST - ECB Villeroy
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10:30 am BST - ECB President Lagarde
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11:10 am BST - ECB Elderson
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2:00 pm BST - Fed Mester
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