-
European markets set to open slightly lower
-
US trade balance and pending home sales data for November
-
DOE report on oil inventories
Indices from Asia moved lower following the downbeat Wall Street session. However, moods began to improve as the European session approached and now futures markets point to a slightly lower opening. Once again there are no economic releases from Europe scheduled for release so morning trading is expected to be calm. Things get a bit more interesting in the afternoon with data releases from the United States - trade balance, pending home sales, oil stockpiles report. Unfortunately, trade balance and pending home sales reports rarely move markets. DOE report may trigger some volatility on the oil market if a big beat or miss is spotted. API report released yesterday pointed to a drop more or less in-line with expectations.
1:30 pm GMT - US, goods trade balance for November. Expected: -$89.0 billion. Previous: -$82.9 billion
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app3:00 pm GMT - US, pending home sales for November. Expected: 0.5% MoM. Previous: 7.5% MoM
3:30 pm GMT - DOE report on oil inventories.
-
Oil inventories. Expected: -3.2 mb (API: -3.1 mb)
-
Gasoline inventories. Expected: -0.1 mb (API: -0.3 mb)
-
Distillate inventories. Expected: -0.1 mb (API: -0.7 mb)
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.
