Economic calendar: Are we heading towards a calm end of the week?

Lower opening of indexes in Europe
Inflation report from the University of Michigan in the USA
UK GDP data

Today, investors will encounter several interesting reports. However, the calendar lacks events that could trigger higher volatility on global markets. The publications will be secondary or important, but only for a specific region. Morning futures trading indicates a lower opening of the cash session in Europe. Currently, DE30 is down by 0.15%.

Today, two FOMC members from the USA and ECB President Lagarde are scheduled to speak. Meanwhile, in Europe, we will have the opportunity to familiarize ourselves with the final inflation data for October. However, they should not differ significantly from the preliminary data released two weeks ago.

Detailed agenda for the day:

7:00 AM GMT, UK - publication of the GDP report:

s.a. Q/Q Q3: actual reading 0.0%; expectation -0.1%; previously 0.2%
y/y: actual reading 0.6%; expectation 0.5%; previously 0.6%

3:00 PM GMT, USA - monthly inflation report from the University of Michigan:

Consumer sentiment: expectation 63.7; previously 63.8
1-year inflation: previously 4.2%
5-year inflation: previously 3.0%

Bankers' speeches:

12:30 PM GMT, USA - FOMC member Logan
12:30 PM GMT, EU - ECB President Lagarde
2:00 PM GMT, USA - FOMC member Bostic

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NOK surges following Norges Bank's rate hike

Economic reports

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