European stocks are starting Monday's trading with moderate gains, although it is worth bearing in mind that trading immediately after the start of the session can be very volatile, so it may take more time for a specific trend to emerge. At the moment, however, the German DAX is up 0.11% on the cash market, the European Euro Stoxx 50 is up 0.12%, and the Polish WIG20 is up 0.14%.
Today's session itself will not be rich in macro data releases that could radically change investor sentiment. We will have to wait until at least tomorrow for those. However, today will see the publication of IFO sentiment data from Germany and a report from Poland on retail sales. A little later, as Wall Street approaches its opening, we will learn the values of changes in durable goods orders.
Today's session will most likely be driven by weekly rebalancing, any financial data from major companies, and possible geopolitical events.
Detailed schedule below:
Today's session calendar. Source: XTB
Results calendar for this week. Source: XTB
🔝Gold breaches $5100 as silver tests $110
Crypto news: Bitcoin slips back to $87k 📉 Bear market signal?
Gold surges over 2% and is approaching $5,100 on the back of a weaker dollar 📈
The Week Ahead
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.
