- European indices set for higher opening
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US jobless claims and EIA report on gas inventories
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Earnings from PayPal and Pepsi
European index futures point to a higher opening of the cash session on the Old Continent today. This comes after a downbeat Wall Street session yesterday and mixed Asian session. Antipodean currencies - AUD and NZD - are G10 top performers while US dollar lag the most. Weakening of USD provides a lift for precious metals with gold trading 0.3% higher at press time. Major cryptocurrencies are trading lower with Bitcoin trading around the $22,600 mark.
Economic calendar for the day ahead is light. When it comes to Europe, the key data - German preliminary inflation figures for January - has already been released. It showed the annual inflation rate rose to 8.7% last month from 8.6% in December, below market projections of 8.9% rise as the one-off government subsidy from December falls out of the calculation. Later on traders will also be offered rate decision from Riksbank, which is expected to raise rates by 50 bp.
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Open account Try demo Download mobile app Download mobile appWhen it comes to the North American session, the only noteworthy readings are US jobless claims and EIA report on gas inventories. However, EUR and GBP may see some volatility throughout the day coming from bankers speeches. Last but not the least, a number of US companies are set to report earnings today with Paypal and Pepsi being the highlights.
8:30 am GMT - Riksbank rate decision
9:45 am GMT - UK, Monetary Policy Report Hearings
1:30 pm GMT - US, weekly jobless claims. Expected: 190k. Previous: 183k
3:30 pm GMT - EIA natural gas storage. Expected: -195 bcf. Previous: -151 bcf
Central bankers' speeches
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09:45 am GMT - BoE Bailey
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06:00 pm GMT - ECB De Guindos
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06:00 pm GMT - Bundesbank Nagel
Top US earnings reports
• Aurora Canabis (ACB.US) - after market close
• Hilton (HLT.US) - before market open
• Lyft (LYFT.US) - after market close
• PayPal (PYPL.US) - after market close
• Pepsi (PEP.US) - before market open
• Philips Morris International (PM.US) - before market openThis 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.
