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European markets expected to open higher
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Biden to speak on US manufacturing in the evening
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Lagarde and Bailey to deliver speeches
European stock markets are expected to open higher at the beginning of a new week. Economic calendar is light today and there are no major market-moving releases scheduled. The only noteworthy point in today's calendar is Biden's speech at 8:45 pm GMT. US President will speak on the manufacturing sector and is expected to sign executive orders aimed at strengthening US manufacturing. A number of central bank speakers may provide some volatility on the FX market.
9:00 am GMT - Germany, IFO index for January. Expected: 92. Previous: 92.1
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Open account Try demo Download mobile app Download mobile app9:00 am GMT - Poland, industrial production for December. Expected: 8.7% YoY. Previous: 5.4% YoY
8:45 pm GMT - Biden speech
Central bankers' speeches
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7:45 am GMT - ECB President Lagarde
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10:45 am GMT - ECB Panetta
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1:45 pm GMT - ECB Lane
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2:45 pm GMT - Bundesbank President Weidmann
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4:00 pm GMT - ECB President Lagarde
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5:00 pm GMT - BoE Governor Bailey
US earnings releases
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Cadence (CDNS.US) - before market open
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Kimberly-Clark (KMB.US) - before market open
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Steel Dynamics (STLD.US) - after market close
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