- European indices set for lower opening
- US traders off to observe a holiday
- Rate decisions from BoE, SNB and Norges Bank later this week
European index futures point to a slightly lower opening of the European cash session today. This comes after declines on Wall Street on Friday and after a rather downbeat Asia-Pacific session earlier today. Oil is trading lower at the beginning of a new week after a number of banks cut GDP growth forecast for China over the weekend and Bloomberg reported that Iranian oil exports reached a 5-year high.
Economic calendar for today is empty with no top-tier releases scheduled. Trader should also keep in mind that liquidity conditions on the markets may be limited, especially in the afternoon, as traders from the United States will be off to observe a holiday and there will be no Wall Street trading session today (changes to trading hours on xStation listed below).
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appHowever, things get more interesting later into the week with a number of events that can move the markets. Those include rate decisions from Swiss National Bank, Bank of England and Norges Bank on Thursday, flash PMIs for June on Friday as well as semiannual testimonies from Fed Chair Powell on Wednesday and Thursday.
Central bankers' speeches
-
9:00 am BST - ECB Simkus
-
12:00 pm BST - ECB Lane
-
12:40 pm BST - ECB Schnabel
-
2:00 pm BST - ECB Villeroy
-
7:00 pm BST - ECB De Guindos
Trading hour changes because of US holiday
-
No trading - CORN, SOYBEAN, WHEAT, SUGAR, COCOA, COFFEE, COTTON, LEANHOGS, CATTLE, SOYOIL
-
Trading until 4:30 pm BST - VIX
-
Trading until 6:00 pm BST - TNOTE, US100, US30, US500, US2000
-
Trading until 6:30 pm BST - OIL, LSGASOIL
-
Trading until 7:30 pm BST - GOLD, SILVER, PLATINUM, PALLADIUM, OIL.WTI, NATGAS, GASOLINE
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.
