Economic calendar: Markets await FOMC decision

European indices seen opening higher
Fed decision day!
OECD to publish new projections

Global stock rally slowed yesterday but major bullish gaps are expected at the launch of today's European session. Traders should keep in mind that it is a Fed decision day so the market may be in wait-and-see mode until evening.

Readings and events scheduled for today

9:00 am BST - OECD publishes outlook on the global economy.

1:30 pm BST - US, CPI inflation for May.

Headline. Expected: 0.2% YoY. Previous: 0.3% YoY
Core. Expected: 1.3% YoY. Previous: 1.4% YoY

3:30 pm BST - DOE report.

Change in oil inventories. Expected: -1.5 mb
Change in gasoline inventories. Expected: -0.1 mb
Change in distillate inventories. Expected: +2.9 mb

7:00 pm BST - FOMC decision. Rate decision from the Federal Reserve is unquestionably the key event of the day. Rates are likely to be left at current levels and messages are likely to be cautious. However, some questions on balance sheet and yield curve control are expected to be asked during Powell's press conference (7:30 pm BST).

Central bankers speeches scheduled for today

8:00 am BST - ECB's Muller
8:30 am BST - ECB's Kazimir
1:00 pm BST - ECB's Schnabel
1:00 pm BST - ECB's Knot
2:30 pm BST - ECB's de Guindos

23 October 2025, 18:52

Daily summary: Wall Street and gold rebound 📈OIL gains 3.5%

23 October 2025, 15:02

BREAKING: US Existing Home Sales In Line With Expectations 📊Eurozone Consumer Confidence Slightly Higher

23 October 2025, 13:43

BREAKING: Canadian core retail sales well below expectations🚩USDCAD reacts

23 October 2025, 07:47

Economic calendar: US gas inventory data, Canadian retail sales

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Economic calendar: Markets await FOMC decision

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