Market Events Daily Roundup. Today’s key events – Tuesday 23 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.
|17:00||EUR Consumer Confidence (Oct)||-3.2%||-2.9|
The Consumer Confidence released by the European Commission is a leading index that measures the level of consumer confidence in economic activity.
A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn.
A high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).
|18:20||Bank Of England Governor Carney speech||–||–|
Mark Carney is the Governor of the Bank of England and Chairman of the Monetary Policy Committee, Financial Policy Committee and the Board of the Prudential Regulation Authority.
As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person.
|20.30||FOMC Member Bostic speech||–||–|
Raphael W. Bostic is an American economist and academic, who became the 15th President and CEO of the Federal Reserve Bank of Atlanta on June 5, 2017.
Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.