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European markets seen opening lower
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US-China talks continue
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Retail sales data from Poland and Canada
European stock markets are expected to open lower today following a heavy sell-off on Wall Street yesterday. US indices decline as yields surged. However, yields moved slightly lower today and a rout on the oil market has eased as well.
Today's calendar is almost empty with Polish and Canadian retail sales being the only readings scheduled for release. Russian central bank will announce a monetary policy decision at 10:30 am GMT but no change is expected. Last but not least, talks between the United States and China in Alaska continue today after the first day of talks was marked with insults and disagreements. The United States continues to press China on issues like Hong Kong or Taiwan. Nevertheless, traders should keep in mind that given the attitude of negotiators, it looks unlikely that the summit will conclude with any major statement.
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Open account Try demo Download mobile app Download mobile app9:00 am GMT - Poland, retail sales for February. Expected: -2.5% YoY. Previous: -6% YoY
10:30 am GMT - CBR rate decision.
12:30 pm GMT - Canada, retail sales for February.
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Headline. Expected: -3% MoM. Previous: -3.4% MoM
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Ex-autos. Expected: -2.6% MoM. Previous: -4.1% MoM
Central bankers' speeches
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10:45 am GMT - ECB Panetta
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