Market Trend - Important Economic Events and News of the day
Market Events Daily Roundup. Today’s key events – Friday 26 October.
These are the releases that often drive significant movements for currencies, indices, commodities and more.
Stay up to date with the events that move the trading needle.
|15:30||Gross Domestic Product Annualized (Q3)||3.3%||4.2%|
The Gross Domestic Product Annualized released by the US Bureau of Economic Analysis shows the monetary value of all the goods, services and structures produced within a country in a given period of time.
It’s the broadest measure of economic activity and the primary gauge of the economy’s health.
|15:30||Core Personal Consumption Expenditures (QoQ) (Q3)||1.8%||2.1%|
The Real Personal Consumption Expenditure released by the Bureau of Economic Analysis, Department of Commerce is an average of the amount of money the consumers spend in a month on durable goods, consumer products, and services.
It is considered as an important indicator of inflation. Generally speaking, a high reading is bullish for the USD, while a low reading is bearish.
|17:00||ECB President Draghi’s Speech||–||–|
As head of the European Central Bank, which controls short term interest rates, president Mario Draghi has more influence over the euro’s value than any other person.
Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.