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European markets set for flat opening
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Flash August CPI data from Germany
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UK traders off for holiday
Moods on the global financial markets are upbeat at the beginning of a new week. Stocks moved higher during the Asian session after Powell's Friday speech showed he remains a big dove. Oil is trading higher following a landfall of the Ida hurricane in the US Gulf area. Majority of the US oil production facilities in the region have been shut down. Meanwhile, futures markets point to a flat opening of the European session. Note that session on the Old Continent may be a bit more muted today as UK traders are observing the summer bank holiday.
When it comes to economic data scheduled for release today, German flash CPI reading for August is a key release of the day. German price growth is expected to accelerate slightly from an already-elevated levels. Zoom Video Communications will report earnings after close of the Wall Street session.
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Open account Try demo Download mobile app Download mobile app8:00 pm BST - Spain, HICP inflation for August. Expected: 2.9% YoY. Previous: 2.9% YoY
1:00 pm BST - Germany, CPI inflation for August. Expected: 3.9% YoY. Previous: 3.8% YoY
3:00 pm BST - US, pending home sales for July. Expected: 0.5% MoM. Previous: -1.9% MoM
Central bankers' speeches
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4:00 pm BST - ECB Schnabel
US earnings reports
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Zoom Video Communication (ZM.US) - after market close
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.
