Economic calendar: US holiday, Putin-Erdogan meeting on grains

European markets set to open higher
Second-tier data from Europe, ECB speakers
Holidays in the United States and Canada

Futures markets point to a slightly higher opening of the European cash session today. This comes after upbeat trading during the Asia-Pacific session, especially in China. Chinese indices traded 1-2.5% higher as sentiment towards the domestic property sector improved after developer Country Garden won an appeal, allowing it to extend payments on onshore bonds.

Economic calendar for the day ahead is light. A key thing to keep in mind is that traders from the United States and Canada will be off to celebrate holiday today therefore liquidity, especially in the afternoon, is likely to be thin. Apart from that, there is only some second-tier data scheduled for today, including Sentix index from the euro area. EUR may see some more move in the early afternoon as a number of ECB members are scheduled to speak. Turkish president Erdogan is set to meet with his Russian counterpart Putin to discuss Black Sea grain corridor today.

Things get more interesting later into the week with rate decisions from RBA and BoC, as well as release of US services ISM index for August.

8:00 am BST - Switzerland, GDP report for Q2 2023. Expected: 0.1% QoQ. Previous: 0.3% QoQ

8:00 am BST - Turkey, CPI inflation for September. Expected: 55.9% YoY. Previous: 47.8% YoY

9:30 am BST - Euro area, Sentix index for September. Expected: -19.8. Previous: -18.9

Central bankers' speeches

12:30 pm BST - ECB Elderson
2:00 pm BST - ECB Nagel
2:30 pm BST - ECB President Lagarde
3:00 pm BST - ECB Panetta

Trading hours changes due to US holiday

VIX - trading until 4:30 pm BST
TNOTE, US30, US100, US500, US2000 - trading until 6:00 pm BST
OIL, LSGASOIL - trading until 6:30 pm BST
NATGAS, OIL.WTI, GASOLINE, GOLD, SILVER, PALLADIUM, PLATINUM - trading until 7:30 pm BST
CORN, SOYBEAN, WHEAT, COCOA, COFFEE, COTTON, SUGAR, SOYOIL, CATTLE, LEANHOGS - no trading

12 February 2026, 7:03 PM

Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure

12 February 2026, 1:31 PM

BREAKING: US jobless claims slightly higher than expected

12 February 2026, 8:33 AM

Economic calendar: US Jobless Claims and ECB Speeches to Offer Markets Breathing Room (12.02.2026)

12 February 2026, 7:04 AM

BREAKING: Pound frozen after lower-than-expected GDP data from UK 🇬🇧 📉

Economic reports

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