-
European indices set to open slightly lower
-
German IFO indices, Dallas Fed
-
US Q1 GDP, German Q1 GDP and CPI data later into the week
European index futures trade slightly lower ahead of the cash session opening. This comes after a rather downbeat Asian session that saw indices from South Korea and China drop hard and other regional indices trade flat. USD has been one of G10 top performers throughout Asian trading hours but started to gave back gains as the European session drew closer. This allowed precious metals to catch some breath and gold to climb back above $1,980 mark.
Economic calendar for the day ahead is light but includes some interesting survey data. German IFO indices for April are top release of the European morning hour while survey data from Dallas Fed in the evening will also be watched closely given recent releases of other regional Fed indices. A number of speeches from ECB members is scheduled throughout the day and they may provide some EUR volatility.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThings get more interesting later into the week, especially in the second half of it as traders will be offered US GDP report for Q1 2023 (Thursday), CBRT rate decision (Thursday) or flash CPI data for April and Q1 2023 GDP reports from Europe (Friday).
9:00 am BST - Germany, IFO indices for April.
- Business Climate: 94.0. Previous: 93.3
- Expectations: 91.1. Previous: 91.2
- Current Conditions: 96.0. Previous: 95.4
9:00 am BST - Poland, data pack for March.
- Industrial production. Expected: -1.9% YoY. Previous: -1.2% YoY
- Construction-Assembly Production. Expected: 1.0% YoY. Previous: 6.6% YoY
- Retail sales. Expected: 7.4% YoY. Previous: 10.8% YoY
3:30 pm BST - US, Dallas Fed manufacturing index for April. Expected: -11.0. Previous: -15.7
Central bankers' speeches
- 8:30 am BST - ECB Vujcic
- 9:00 am BST - ECB Enria
- 9:35 am BST - ECB Villeroy
- 10:00 am BST - ECB Panetta
- 12:15 pm BST - ECB Vujcic
- 12:20 pm BST - BoE Breeden
- 2:30 pm BST - ECB Panetta
Top Wall Street earnings
-
Coca-Cola Company (KO.US) - before market open
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.
