-
European indices set to open lower on renewed virus fears
-
Jerome Powell to testify in Congress at 3:00 pm GMT
-
Euro area inflation data set to show acceleration
Futures markets point to a lower opening of today's cash session in Europe. Moods deteriorated during the Asian session causing major indices from the region to resume the Omicron-related slide. DAX futures currently trade near 15,080 pts - around 200 points below yesterday's cash close. Risk aversion increased after Moderna CEO said that current vaccines may be ineffective against new variant and after Fed Chair Powell said that Omicron poses downside risks to the labour market.
Speaking of Powell, the top US central banker will appear before the US Senate Committee on Banking, Housing and Urban Affairs at 3:00 pm GMT for the first day of post-nomination testimony. Powell will try to assure lawmakers that Biden was not mistaken by nominating him for the second term as Fed Chair. However, discussion is likely to be dominated by current issues. Apart from that, investors will be offered inflation readings from Europe as well as GDP report from Canada and US Conference Board consumer sentiment data.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app9:00 am GMT - Poland, GDP growth for Q3 2021. Expected: 2.1% QoQ. Previous: 1.8% QoQ
9:00 am GMT - Poland, CPI inflation for November. Expected: 7.3% YoY. Previous: 6.8% YoY
9:00 am GMT - Italy, GDP growth for Q3 2021. Expected: 2.6% QoQ. Previous: 2.7% QoQ
10:00 am GMT - Italy, CPI inflation for November. Expected: 3.2% YoY. Previous: 3.0% YoY
10:00 am GMT - Euro area, HICP inflation for November. Expected: 4.4% YoY. Previous: 4.1% YoY
1:30 pm GMT - Canada, GDP growth for Q3 2021 (annualized). Expected: 3%. Previous: -1.1%
2:45 pm GMT - US, Chicago PMI for November. Expected: 68.2. Previous: 68.4
3:00 pm GMT - Fed Chair Powell testifies in Congress
3:00 pm GMT - US, Conference Board consumer confidence for November. Expected: 110.9. Previous: 113.8
9:40 pm GMT - API report on oil inventories. Expected: +1.5mb. Previous: 2.31 mb
Central bankers' speeches
-
3:30 pm GMT - Fed Williams
-
6:00 pm GMT - Fed Clarida
Wall Street earnings releases
-
Salesforce.com (CRM.US) - after market close
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.
