Economic calendar: FED, BoE and Norges Bank decisions in focus

8:47 AM 7 November 2024
  • Futures point to higher session opening in Europe and the US
  • FED and BoE decisions in focus

Today, futures based on stock indices point to continued gains in the US and Europe markets. Investors' attention turns to the FED's key decision at 07:00 pm GMT. It is believed that the Federal Reserve will decide to cut interest rates by 25 basis points, thus resuming the monetary easing cycle that has already begun. As is standard, at 7:30 pm GMT we will learn the comments of Jerome Powell, who will start the press conference after the decision.

That's not the end of central bank decisions for today, however, as Norges Bank, Sveriges Riksbank, CNB and BoE will present their new decisions.

Detailed macro calendar:

  • 08:30 am GMT - Sweden, Riksbank decision. Forecast: 2.75%. Previously: 3.5%.
  • 09:00 am GMT - Norway, Norges Bank decision. Forecast: 4.5%. Previously: 4.5%.
  • 10:00 am GMT - Eurozone, retail sales for September. Forecast: 0.4% m/m. Previously: 0.2% m/m.
  • 12:00 am GMT - UK, interest rate decision. Forecast: 4.75%. Previously: 5%.
  • 01:30 pm GMT - Czech Republic, CNB decision. Forecast: 4.0%. Previously: 4.25%.
  • 01:30 pm GMT - USA, data on unemployment benefits. Forecast: 220,000. Previously: 216 thousand.
  • 03:30 pm GMT - USA, data on natural gas inventories. Forecast: 67 bn. Previously: 78 bn.
  • 07:00 pm GMT - USA, FED decision on interest rates. Forecast: 4.75%. Forecast: 5%.
  • 07:30 pm GMT - USA, FED Powell Conference. 
Share:
Back

Join over 1 600 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits