- European indices set to open higher
- Richmond Fed index, API oil report
- Oil trades higher amid Middle East tensions
European index futures point to a higher opening of today's cash session. This will be the first post-Christmas cash trading session for the majority of European indices. However, end of the year lull on the markets can be spotted with trading ranges on the FX market being rather narrow. Oil is trading slightly higher as the situation in the Middle East and in the Red Sea remains tense.
Economic calendar for the day ahead is light and such a situation is expected to last for the remainder of the week. Traders will be offered US Richmond Fed index for December as well as API report on US oil inventories. JPY may see some move overnight when industrial production and retail sales data from Japan is released.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app3:00 pm GMT - US, Richmond Fed index for December. Expected: -7.0. Previous: -5.0
9:40 pm GMT - API report on US oil inventories. Expected: -2.5 mb. Previous: +0.94 mb
Asia-Pacific session ahead
11:50 pm GMT - Japan, industrial production and retail sales for November
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.
