- Futures point to a higher opening in today's European cash session
- Jobless claims, Eli Lilly results and Fed's Barkin speech
- US100 struggles to break above the 200-day EMA
Yesterday's session on Wall Street and European markets performed mixed. US indices, despite strong upward momentum at the start of the cash session, closed lower intraday. The Nasdaq lost 1.05% at the close, while the S&P500 lost 0.77%. Despite the deterioration in sentiment at the end of the U.S. session, futures contracts indicate that today's session may also see an attempt to resume buying pressure. Contracts based on the DE40 are up 0.76%, while the US100 adds 0.98%.
The focus today will be on US jobless claims data, the Fed's Barkin speech, and quarterly results from Eli Lilly (Novo Nordisk's main competitor in developing an anti-obesity drug).
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appDetailed macro calendar:
- Eli Lilly (LLY.US) results - before the session on Wall Street
- 01:30 pm BST, US - Jobless Claims. Expected: 240k Previously: 249 thousand.
- 03:30 pm BST, US - EIA data on natural gas inventories. Expected: 22 bn. Previously 18 bn.
- 08:00 pm BST, US - Fed's Barkin speech.
- Take-Two Interactive (TTWO.US) results - after the session on Wall Street
- Paramount Global (PARA.US) results - after the session on Wall Street
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.
