- European indices set for lower opening
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Jobs data from Canada
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Prelim UoM Consumer Sentiment
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Central bankers speeches
European indices launched today's session lower. This comes after another downbeat Wall Street session yesterday and weak Asian session. JPY is a top performer among G10 currencies, while GBP dollar lag the most as investors digested latest data showing the UK economy flatlined in Q4 2022, in line with expectations and narrowly avoiding a recession. The Japanese yen strengthened sharply on news that Kazuo Ueda may become the next head of BoJ.
Economic calendar for the day ahead is light, but contains some interesting data releases. USDCAD may experience increased volatility in the afternoon during publication of latest data from the Canadian labour market and preliminary reading of Michigan Consumer Sentiment index for February. Also speeches from central bankers may also be a source of volatility during today's session.
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Open account Try demo Download mobile app Download mobile app1:30 pm GMT - Canada, jobs report for January.
• Employment change. Expected: +15k. Previous: +104k
• Unemployment rate. Expected: 5.1%. Previous: 5.0%
3:00 pm GMT - US, University of Michigan consumer sentiment for August (preliminary). Expected: 65.0. Previous: 64.9
Central bankers' speeches
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2:00 pm GMT - BoE Pill
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5:30 pm GMT - Fed Waller
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6:00 pm GMT - ECB Schnabel
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9:00 pm GMT - Fed Harker
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