- European indices set to open higher
- CPI inflation data from France and euro area
- Core PCE data for May scheduled release at 1:30 pm BST
Futures markets point to a higher opening of the European cash session today. German DAX futures (DE30) are trading in the 16,100 pts area ahead of the opening. AUD and NZD are the best performing major currencies while CAD and USD are top laggards. Commodities and cryptocurrencies benefit from USD weakness.
Economic calendar for today includes inflation data released from Europe and the United States. Traders will be offered French CPI reading this morning at 7:45 am BST followed by CPI reading for the whole euro area at 10:00 am BST. US data pack for May, including core PCE inflation as well as personal income and spending data, will be released in the early afternoon at 1:30 pm BST. USDCAD may become more volatile around that hour as Canadian monthly GDP reading for April will be released simultaneously.
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Open account Try demo Download mobile app Download mobile app7:45 am BST - France, CPI inflation for June. Expected: 4.6% YoY. Previous: 5.1% YoY
8:55 am BST - Germany, unemployment rate for June. Expected: 5.6%. Previous: 5.6%
9:00 am BST - Italy, unemployment rate for June. Expected: 7.9%. Previous: 7.8%
9:00 am BST - Poland, CPI inflation for June. Expected: 11.7% YoY. Previous: 13.0% YoY
10:00 am BST - Euro area, CPI inflation for June
- Headline. Expected: 5.6% YoY. Previous: 6.1% YoY
- Core. Expected: 5.5% YoY. Previous: 5.3% YoY
1:30 pm BST - US, data pack for May
- Personal income. Expected: 0.3% MoM. Previous: 0.4% MoM
- Personal spending. Expected: 0.2% MoM. Previous: 0.8% MoM
- Core PCE. Expected: 4.7% YoY. Previous: 4.7% YoY
1:30 pm BST - Canada, GDP report for April. Expected: 0.2% MoM. Previous: 0.0% MoM
2:45 pm BST - US, Chicago PMI index for June. Expected: 44.0. Previous: 40.4
3:00 pm BST - University of Michigan index for June (final). First release: 63.9
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.
