Detailed macro calendar (BST):
07:30 am - Switzerland, CPI inflation for August. Forecast: 1.2% y/y. Earlier: 1.3% y/y.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app- In m/m terms. Forecast: 0.1% m/m. Previously: -0.2% m/m.
08:00 am - Turkey, CPI inflation for August. Earlier: 61.8% y/y.
08:00 am - Switzerland, GDP report for Q2. Forecast: 0.5% q/q. Earlier: 0.5% q/q.
02:30 pm - Canada, PMI manufacturing reading for August. Earlier: 47.8.
02:30 pm - USA, PMI manufacturing reading for August. Forecast: 48. Earlier: 49.6.
03:00 pm - USA, ISM PMI manufacturing data for August. Forecast: 47.5. Earlier: 46.8.
- Employment sub-index. Earlier: 43.4
- Price sub-index. Previously: 52.9
- New orders sub-index. Previously: 47.4
Yesterday's session on the stock markets was characterized by slightly lower volatility due to a banking holiday in the US and Canada. However, this did not prevent indices from Europe from posting moderate intraday gains.
Today's session will proceed as normal. At the moment, futures indexes are pointing to a lower opening of the session on the Old Continent and Wall Street, which in part has to do with slightly worse sentiment in Asia. At the moment, the Hang Seng is losing 0.43%, the KOSPI is losing 0.29%, and the Nikkei 225 remains in the zone of previous closes.
Investor attention will turn to the ISM manufacturing PMI data from the US. CPI and GDP data readings from Switzerland may also prove interesting. Companies such as Gitlab and Zscaler will present their quarterly results.
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.
