-
German IFO index expected to show continuation of recovery
-
Phase 4 stimulus bill could be introduced today
European and US futures are trading near Friday's closing prices. Moods on the global market are mixed as investors are weighing escalating US-China tensions against the prospect of a new stimulus. Steven Mnuchin said that the GOP will introduce the Phase 4 stimulus bill today. It could be a potential market mover but Mnuchin warned that it could be done piecemeal.
Apart from that, Monday offers investors a slow start to the week with just 2 noteworthy readings scheduled for release. German IFO index for July will draw investors' attention in the morning while US durable goods orders data may provide some volatility in the early afternoon. There are any major earnings releases scheduled either.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appReading scheduled for today
9:00 am BST - Germany, IFO index for July. Expected: 89.5 pts. Previous: 86.2 pts
1:30 pm BST - US, durable good order for June.
-
Headline. Expected: 6.5% MoM. Previous: 15.7% MoM
-
Core. Expected: 3.5% MoM. Previous: 3.7% MoM
US earnings releases
-
Hasbro (HAS.US) - before market open
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.
