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Risk-off moods after FOMC minutes release
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CBRT and Norges Bank to announce policy decision
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ECB minutes and US jobless claims to be released in early afternoon
Risk-off moods can be spotted on the global financial markets after FOMC minutes turned out to be less dovish than expected. Investors will be offered more hints from central banks today with CBRT and Norges Bank announcing their decisions and ECB releasing accounts of the latest monetary policy meeting. Both CBRT and Norges Bank are expected to stay on hold but the latter is seen hitting a hawkish tone. US jobless claims data is expected to come in below one million once again.
9:00 am BST - Poland, industrial production for July. Expected: -1.2% YoY. Previous: +0.5% YoY
9:00 am BST - Norges Bank rate decision.
12:00 pm BST - CBRT rate decision.
12:30 pm BST - ECB minutes.
1:30 pm BST - US, jobless claims data. Expected: 925k. Previous: 963k
Noteworthy earnings
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Alibaba (BABA.US) - before US market open
Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?
ECB Holds Rates Unchanged💶 EURUSD down 📉
There is no good scenario for the euro today
Economic Calendar: ECB Decision, PCE Inflation, and Amazon Earnings in the Spotlight 🚨