Market Overview

Important upcoming events and publications

Important upcoming events and publications for November 22nd (GMT):

12:30 ECB Monetary Policy Meeting Accounts can increase volatility in pairs with EUR if it provides clarification in the regulator’s views on the macroeconomic forecasts and policy. By the end of the year the ECB is going to wind down balance sheet asset purchases, completing this stage of QE, and expects to start raising rates no earlier than in autumn of 2019.

15:00 EU Consumer Confidence Index had fallen sharply for several months. A preliminary estimate of November’s data is expected to show further deterioration to -3.0. Strong data can support the EUR, while weak indicator can affect the euro in the negative way.

On the occasion of the Thanksgiving in the USA, no important statistics will be published and U.S. stock market will be closed on Thursday and will close earlier than usual (at 18:00 GMT) on Friday.

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