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October 18, 2018

Market Trend - Important economic news and events of the day

Stock Market Data - A city worker Analysing stock market data on a monitor.

Market-moving events today.

This article is originally referred from EverFX News.

Every day EverFX sends you the most important economic events coming up.

These are the releases that often drive significant movements for currencies, indices, commodities and more: tune in for surprises and the potential for new trends.

Time Name Prediction Last Results
11.30 British retail sales (MoM) -0.4% 0.3%

Retail sales measures the change in the total value of sales in retail shops across the UK.

Higher figures mean higher consumer spending, good for the pound and FTSE 100, while lower figures mean lower spending, a negative factor for these instruments.

Time Name Prediction Last Results
From 12.00 Eurozone consumer price index (YoY)

The heads of state and government of the members of the European Union are meeting in Brussels today.

Brexit is expected to be the main discussion point, affecting the pound, but other items on the agenda might include Italian debt, having an impact on sentiment for the euro.

Time Name Prediction Last Results
15.30 Philadelphia Fed Manufacturing Index 19.7 22.9

The Philadelphia Federal Reserve Manufacturing Index is an indicator of the conditions faced by manufacturers in the Third District of the Federal Reserve System.

Figures above zero suggest conditions are improving, good for the dollar and many American shares, while negative figures suggest worsening conditions, usually having the opposite effect on these instruments.

Original Source: EverFX News

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