- European indices open higher
- Cryptocurrencies erase most of the declines
- The dollar is weakening against other currencies
Data from Germany and the UK:
Germany CPI inflation for October: 10,4% y/y Expected: 10,4% y/y
GDP (UK): 2.4% Expected: 2.1% Previously: 4,4%
Industrial production growth rate y/y (UK): -3.4% Expectations: -4.4% Previously: -5,2%
GDP forecast y/y (UK): 1.3% Expectations: 0.9% Previously: 2,0%
In the next part of the day:
- 17:00 GMT (USA) - Sentiment Index by the University of Michigan Expected: 59.51 Previously: 59,9
- 17:00 GMT (USA) - Inflation expectations 1 year: Expected: +5.1% Previously: 5,0% 5 year Expected: 2,9% Previusly: 2,9%
Central bankers' speeches
11:00 (GMT) - BoE Haskel
12:00 (GMT) - ECB De Guindos, Panetta
11:45 (GMT) - SNB Jordan
13:10 (GMT)- BoE Teneyro
17:30 (GMT) - ECB Nagel
Daily summary: Trump remarks helps Wall Street 📈Precious metals decline
Fed's Musalem remarks on the US economy and tariffs🗽
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BREAKING: Final inflation reading matches expectations. Core HICP inflation marginally higher
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