Economic calendar: speeches from ECB and FED bankers in the spotlight

European indices open lower on the second day of the week
Data from the US housing market
Speeches by central bankers in the spotlight

Today, on the second day of the week, indices in Europe open slightly lower. The German DAX is down by 0.4% to 16,290 points. At 07:00 am BST in the morning investors already got familiar with the German PPI data for May, which came below expectations.

In the early part of today, minutes from the Reserve Bank of Australia (RBA) were also released. The minutes revealed that the recent rate hike decision was finely balanced. The current policy level is already sufficiently restrictive, reducing the chances of another rate hike in July. Shortly before the minutes, the People's Bank of China made a decision to lower interest rates by 0.10%, bringing the one-year benchmark rate to 3.55% from the previous 3.65%. As a result, Chinese indices and the Australian dollar declined due to the rate cut being smaller than expected.

Detailed schedule for the day:

01:30 pm BST, USA - Housing Market Data:

Building Permits: Expected: 1,425k, Previous: 1,417k
Housing Starts: Expected: 1,400k, Previous: 1,401k

Central bank speeches:

11:30 am BST - Bullard, FED Member
12:45 am BST - McCaul, ECB Member
02:45 pm BST - McCaul again, ECB Member
04:45 pm BST - Williams, FED Member
06:10 pm BST - De Guindos, ECB Member

29 October 2025, 7:04 PM

Daily summary: Powell is pushing the dollar higher. Now it’s time for Big Tech earnings. 📄

29 October 2025, 6:49 PM

EURUSD falls below 1.16 after Fed 💵

29 October 2025, 6:33 PM

FED Powell Conference (LIVE)

29 October 2025, 6:00 PM

BREAKING: Fed cuts interest rates and will end QT on December 1st 📌

economic reports

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Economic calendar: speeches from ECB and FED bankers in the spotlight

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