-
European markets set for higher opening
-
JPY spikes after BoJ widens YCC band
-
Housing market data from US, retail sales from Canada
European index futures point to a lower opening of the cash session on the Old Continent today. Bank of Japan's decision to widen the band around target 10-year yield from 0.25% to 0.50%, essentially delivering a rate hike of up to 25 bp. JPY spiked on the news while equity markets plunged. While index futures managed to recover some losses, USDJPY continues to trade near daily lows.
Day ahead includes some second tier data that may influence some short-term market moves, given thinner pre-Christmas volatility. Those include jobs data from Poland, housing market data from the United States or retail sales report from Canada. Oil traders will look for hints in weekly API report on oil inventories.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app9:00 am GMT - Poland, data pack for November.
-
Wage growth. Expected: 13.3% YoY. Previous: 13.0% YoY
-
Employment growth. Expected: 2.3% YoY. Previous: 2.4% YoY
-
Industrial production. Expected: 2.2% YoY. Previous: 6.8% YoY
1:00 pm GMT - Hungarian National Bank rate decision
1:30 pm GMT - US, housing market data for November.
-
Building permits. Expected: 1480k. Previous: 1512k
-
Housing starts. Expected: 1400k. Previous: 1425k
1:30 pm GMT - Canada, retail sales for October.
-
Headline. Expected: 1.4% MoM. Previous: -0.5% MoM
-
Ex-auto. Expected: 1.5% MoM. Previous: -0.7% MoM
9:40 pm GMT - API report on US oil inventories. Expected: -0.2 mb. Previous: +7.82 mb
Central bankers' speeches
-
9:00 am GMT - ECB Kazimir
This 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.
