Economic calendar: Powell's speech in the spotlight

European indices set for slightly lower opening
Fed Powell and ECB Lagarde to deliver speeches today

European stock market indices are set for a slightly lower opening today. This is a response to a downbeat trading on Wall Street yesterday and in Asia-Pacific earlier today.

Jackson Hole Economic Symposium is the main event of the day. While it was launched yesterday, key speeches will be delivered today. Those include a speech from Fed Chair Powell at 3:05 pm BST and speech from ECB President Lagarde at 8:00 pm BST.

When it comes to economic releases, traders will be offered German IFO index for August at 9:00 am BST as well as a revision of University of Michigan index for August. Speaking of revisions. Revised German Q2 GDP report was released today at 7:00 am BST but it offered no surprises. On a quarterly basis, stagnation was confirmed (0.0% QoQ). On an annual basis, the German economy contracted 0.6%.

9:00 am BST - Germany, IFO index for August. Expected: 86.7. Previous: 87.3

3:00 pm BST - US, University of Michigan index for August (final). First release: 71.2

Central bankers' speeches

3:05 pm BST - Fed Chair Powell
4:00 pm BST - Fed Harker
4:30 pm BST - Fed Harker
4:30 pm BST - Fed Mester
5:30 pm BST - Fed Goolsbee
7:00 pm BST - Fed Goolsbee
7:30 pm BST - Fed Mester
8:00 pm BST - ECB President Lagarde

15 October 2025, 3:11 PM

Fed's Miran signals two more rate cuts this year and disinflationary process🗽

15 October 2025, 1:32 PM

BREAKING: NY Empire better than expected; EURUSD muted 📌

15 October 2025, 12:23 PM

Precious metals at record highs: Gold and Silver shine as the Fed ends its Tightening Cycle

15 October 2025, 10:45 AM

Fed Collins remarks on monetary policy and US economy🏛️EURUSD gains 0.2%

economic reports

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Economic calendar: Powell's speech in the spotlight

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