- Futures contracts indicate a lower opening in Europe
- Retail sales data from the UK, Canada, and Poland
Futures contracts suggest a slightly lower opening of the cash sessions in Europe. Yesterday's session on Wall Street ended with a 0.85% decline, as investors are concerned about the escalation of conflict in the Middle East. Today's first half did not bring a calming of the situation on this front, and major indices in the Asia-Pacific region continued to decline.
Today is expected to be calm in terms of macroeconomic publications. However, this does not mean that the overall trading session should be expected to be calm as well. There's a noticeable nervous mood in the market. The most important publications today will be the retail sales data. At 7:00 AM BST, we learned data from the UK, which came out worse than expected, with annual sales falling by 1.0%. Later in the day, we will also get sales data for Poland and Canada.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appDetailed calendar of the day:
9:00 AM (BST), Poland - Retail sales for September:
- expectations: 3.0% YoY; previously 3.1% YoY
1:30 PM (BST), Canada - Retail sales for September:
- retail sales: Expectations -0.3% MoM; previously 0.3% MoM
- retail sales excluding autos: Expectations -0.1% MoM; previously 1.0% MoM
Quarterly company reports:
- Schlumberger (SLB.US) - before the session
- American Express (AXP.US) - before the session
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.
