Today's macro calendar is also light, similar to yesterday. No major macro reports are scheduled for today that could have a significant impact on global markets and volatility.

The most important publication will be the Consumer Confidence Index report for August, published by the Conference Board. However, expectations suggest only a slight improvement over the July readings. The consensus points to 100.6 compared to 100.3 in the previous month.

Detailed calendar for the day:

07:00 AM BST, Germany - GfK German Consumer Climate for September:

  • actual -22.0; previous -18.6;

07:00 AM BST, Germany - GDP data:

  • German GDP (Q2): actual 0.0% YoY; forecast -0.1% YoY; previous -0.2% YoY;

  • German GDP (Q2): actual -0.1% QoQ; forecast -0.1% QoQ; previous 0.2% QoQ;

03:00 PM BST, United States - CB Consumer Confidence for August:

  • forecast 100.9; previous 100.3;

03:00 PM BST, Germany - German Buba President Nagel Speaks

06:00 PM BST, United States - M2 Money Supply for July:

  • previous 21.03T MoM;

09:30 PM BST, United States - EIA Data:

  • API Weekly Crude Oil Stock: previous 0.347M