- US CPI for October
- German ZEW Sentiment Index
- GDP from the Eurozone and Poland
Today's calendar is filled with significant publications, with the most important event being the CPI report from the US. This will be the first of two reports before the next Federal Reserve meeting. The consensus anticipates a further decline in inflation to around 3.3% YoY in October, compared to 3.7% YoY in September. However, more concerning is the lack of a decrease in core inflation, which is expected to remain at 4.1% YoY. If the actual data is above consensus, it could have a negative impact on the market, which may interpret it as increasing the likelihood of monetary tightening by the Federal Reserve.
Detailed Agenda for the Day:
9:00 AM GMT , Poland - GDP for the third quarter of 2023:
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Create account Try a demo Download mobile app Download mobile app- NSA YoY: Expectations 0.3% YoY; Previously -0.6% YoY
- SA QoQ: Expectations 2.2% QoQ; Previously -1.4% QoQ
10:00 AM GMT , Eurozone - GDP for the third quarter of 2023:
- SA YoY: Expectations 0.1% YoY; Previously 0.5% YoY
- SA QoQ: Expectations -0.1% QoQ; Previously 0.1% QoQ
10:00 AM GMT , Germany - ZEW Sentiment Index for November:
- Expectations 5; Previously -1.1
1:30 PM GMT , US - CPI data for October:
- CPI YoY: Expectations 3.3% YoY; Previously 3.7% YoY
- CPI MoM: Expectations 0.1% MoM; Previously 0.4% MoM
- Core CPI YoY: Expectations 4.1% YoY; Previously 4.1% YoY
- Core CPI MoM: Expectations 0.3% MoM; Previously 0.3% MoM
Bankers' Speeches:
- 4:00 PM GMT - US, FOMC Member Mester
- 5:45 PM GMT - US, FOMC Member Goolsbee
