- European futures point to a mixed opening to today's cash session
- Spotlight on preliminary CPI and GDP data from the Eurozone and CB data from the US
- BP reports Q3 results
Futures markets indicate a mixed opening to today's cash session in Europe. The APAC markets themselves did not bring a common direction to the listed indices, however, broad market weakness could be seen in China. It was in this country that we learned today of slightly worse readings of local PMI data.
Investors can also expect increased volatility on individual companies. BP (BP.UK) and Orlen (PKN.PL), among others, have already presented their results today.
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Open account Try demo Download mobile app Download mobile appBP Q3 23 Earnings:
- Adj EPS: $0.19 (exp $0.24)
- Adj Net Profit: $3.29B (exp $4.05B)
- Dividend/Share: $0.0273 (exp $0.0730)
- Announces Further $1.5B Share Buyback
- Operating Cash Flow: $8.75B (exp $8.49B)
Key macro events today include: preliminary CPI data from France, Poland; preliminary Eurozone GDP, Italy and US consumer confidence.
Key macro readings of the day:
10:00 am BST: Italy, GDP report y/y. Prediction: 0.1%. Earlier: 0,4%
In q/q terms. Prediction: 0.1%. Previously: -0,4%
10:00 am BST: Poland, CPI inflation for October. Predictions: 6,6%. Earlier: 8,2%
In m/m terms. Predictions: 0.3%. Previously: -0,4%
11:00 am BST: Eurozone, y/y GDP report. Predictions: 0.2%. Earlier: 0,5%
In q/q terms. Prediction: 0.0%. Previously: 0,1%
11:00 am BST: Eurozone, HICP inflation y/y. Prediction: 3,1%. Earlier: 4,3%
11:00 am BST: Eurozone, HICP core inflation y/y. Predictions: 4,2%. Earlier: 4,5%
14:45 pm BST: USA, Chicago PMI index for October. Prediction: 45. earlier: 44,1.
15:00 pm BST: USA, Conference Board confidence index for October. Predictions: 100.1; earlier: 103.
21:40 pm BST: USA, Change in oil inventories according to API. Prediction: 1.6 bbl. Earlier: -2.67 bbl.
22:45 pm BST: New Zealand, Macro data set.
- Employment change for Q3: Prediction: 0.4% k/k. Earlier: 1% q/q.
- Unemployment rate for Q3: Prediction: 3,9%. Previously: 3,6%.
- Employment cost index for Q3. Prediction: 1% k/k. Previously: 1.1% q/q.
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