Economic calendar: Meta Platforms and IBM quarterly results and BoC decision ahead 📌

9:46 am 25 October 2023

  • Speeches by the Federal Reserve Chair Jerome Powell and ECB President Christine Lagarde
  • Quarterly results from IBM and Meta Platforms after the session in the USA
  • Interest rate decision by the Bank of Canada

Today's macroeconomic calendar for investors may be marked by speeches from two central bank heads and the decision of the Bank of Canada. Market expectations indicate that the interest rates will be maintained unchanged at 5.0%.

In the latter part of the day, speeches will be given by Jerome Powell of the Fed and Christine Lagarde of the ECB. However, the chances of new statements or clear guidance being provided in these speeches are low. The ECB President will give a speech at a dinner at the Bank of Greece in Athens, and just to recall that we are the day befor the ECB decision. Meanwhile, Jerome Powell will be present at lectures in the field of social sciences and public policy in Washington, D.C.

Detailed calendar of the day:

9:00 AM (BST), Germany - Ifo Index for October:

  • Expectations: 85.9; previously: 85.7

3:00 PM (BST), Canada - Interest rate decision - expected to be maintained at the current level

3:00 PM (BST), USA - New home sales for September:

  • Expectations: 680k compared to 675k the previous month

3:30 PM (BST), USA - Weekly report on changes in crude oil, distillates, and gasoline stocks

Banker speeches:

  • 6:00 PM (BST) - ECB, President Christine Lagarde
  • 9:35 PM (BST) - Fed, Chair Jerome Powell

Publication of quarterly results:

  • Boeing - before the session in the USA
  • Meta Platforms - after the closing of the session in the USA
  • IBM - after the closing of the session in the USA
  • Western Union - after the closing of the session in the USA

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