- European indices set to open higher
- Second-tier data from the United States, central bankers' speeches
- Earnings from Walmart and Alibaba
European index futures point to a higher opening of the cash session today as major European benchmarks are catching up with US indices after a solid Wall Street session yesterday. AUD took a hit earlier today on a disappointing jobs report for April but has managed to regain ground since. Energy commodities and precious metals trade little changed. Major cryptocurrencies are pulling back.
Economic calendar for the day ahead includes some interesting releases but neither of them can be considered top-tier. Nevertheless, second-tier data from the US is noteworthy, especially as recession risk is on the rise. Jobless claims have been climbing since mid-March and traders are eager to see whether this trend continues, Philly Fed index is expected to show improvement while existing home sales are expected to drop compared to a month ago. Investors should keep in mind that there is a number of central bankers' speeches scheduled for today and it may be a source of FX volatility. Last but not least, among today's earnings reporters one can find Walmart and Alibaba.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app1:30 pm BST - US, jobless claims. Expected: 255k. Previous: 264k
1:30 pm BST - US, Philadelphia Fed index for May. Expected: -19.8. Previous: -31.3
3:00 pm BST- US, existing home sales for April. Expected: 4.3 million. Previous: 4.44 million
3:30 pm BST - EIA report on US natural gas storage. Expected: +110 bcf. Previous: +78 bcf
Central bankers' speeches
- 8:00 am BST - ECB Muller
- 8:45 am BST - BoE Pill
- 10:00 am BST - ECB President Lagarde
- 10:15 am BST - BoE Governor Bailey
- 2:05 pm BST - Fed Jefferson
- 2:30 pm BST - Fed Barr
- 3:00 pm BST - Fed Logan
- 4:00 pm BST - BoC Governor Macklem
Top Wall Street earnings releases
- Walmart (WMT.US) - before market open
- Alibaba Group (BABA.US) - before market open
- Applied Materials (AMAT.US) - after market close
- DXC Technology (DXC.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.
