Categories: Market Overview

Important upcoming events and publications

09:30 (GMT) UK GDP can seriously affect the GBP dynamics. According to forecasts, the economy is expected to grow by 0.1% in September, and by 0.6% in the third quarter, after 0.4% in the second. This will be a preliminary assessment, which most rarely coincides with expectations and therefore may have the most serious impact on the markets.

13:30 The US Producer Price Index is expected to add 0.3% in October and accelerate to 2.7% y/y. Stronger inflation data could spur an increase of USD on speculation that the Fed will raise rates faster.

15:00 US UoM Consumer Sentiment Index is able to influence the USD. A rise above 98.6 (the previous value) could have a positive effect on stock markets and weaken the dollar positions on renewed demand for risks.

See the detailed Economic calendar here

The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

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