As the global economy moves forward, investors and market watchers have several key events to keep an eye on. From economic data releases to corporate earnings reports, today brings a range of developments that could influence financial markets. Here’s what’s on the radar:

US New Home Sales Data

At 12 PM UK time, data on new home sales in the United States is set to be released. Housing market trends provide valuable insights into economic conditions, consumer confidence, and interest rate impacts. Analysts will be watching closely to see if the numbers indicate continued resilience or signs of slowing demand.

Speeches from Key Central Bank Officials

Two major central bank figures are scheduled to speak today. At 1:30 PM UK time, a Federal Reserve official, Thomas Barkin, will address the market, potentially offering insights into the Fed’s outlook on inflation, interest rates, and economic stability. Later, at 4:30 PM UK time, Bank of England’s Swati Dhingra is also set to speak, with investors listening for any signals regarding the UK’s monetary policy direction.

EU Leaders Meeting

A video conference among European Union leaders is scheduled today, focusing on pressing economic and political matters. Markets will be looking for discussions on trade, economic recovery strategies, and geopolitical developments that may impact European markets.

BP Capital Markets Day

Energy giant BP is holding its Capital Markets Day, a significant event where executives outline future strategy, financial performance, and investment plans. Given the ongoing shifts in the energy sector, investors will be eager to hear about BP’s approach to sustainability, growth, and profitability.

Earnings Reports from Tech Giants

On the corporate side, earnings season continues with two major technology firms—Nvidia and Salesforce—set to report their latest financial results. Nvidia’s performance is particularly crucial as the company has been a key player in the AI-driven tech rally, while Salesforce’s earnings will provide insights into enterprise software demand.

Market Implications

Each of these events has the potential to move markets in different ways. Housing data may influence expectations for Federal Reserve policy, central bank speeches could shift investor sentiment on interest rates, and earnings reports from major tech firms could impact overall market momentum.

As investors digest these developments, markets may experience volatility, presenting both risks and opportunities. Keeping an eye on these key events will be essential for those looking to navigate today’s economic landscape.