- European indices set for flat opening
- Survey data from Germany and the United States
- Speeches from ECB and SNB members
Markets remain calm after a short-lived Russian coup that took place over the weekend. PMC Wagner rebelled against the Russian Ministry of Defense, took control of few Russian cities and launched an armored column towards Moscow. However, agreement between Wagner and the Kremlin was brokered by Belarusian leader Lukashenko and rebellion ended before any hostilities took place.
European index futures point to flat opening of today's cash session on the Old Continent. Energy commodities and precious metals are trading slightly higher while the US dollar is pulling back. Economic calendar for today is light. Traders will be offered German IFO indices for June in the morning as well as Dallas Fed index for June in the afternoon. Apart from that, EUR and CHF may see some moves today as we have a number of SNB and ECB officials scheduled to speak.
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Open account Try demo Download mobile app Download mobile appEconomic release schedule gets more interesting later into the week with CPI inflation from Europe and PCE data from the UNited States.
9:00 am BST - Germany, IFO Business Climate index for June. Expected 90.8. Previous: 91.7
9:00 am BST - Poland, unemployment rate for May. Expected: 5.1%. Previous: 5.2%
3:30 pm BST - US, Dallas Fed manufacturing index for June. Expected: -20.0. Previous: -29.1
Central bankers' speeches
- 8:15 am BST - ECB Villeroy
- 9:40 am BST - SNB Jordan
- 3:00 pm BST - ECB McCaul
- 3:25 pm BST - SNB Maechler
- 6:30 pm BST - ECB President Lagarde
- 6:30 pm BST - ECB De Cos
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