Economic calendar: US CB Consumer Confidence report in focus

Today’s economic calendar is relatively light, although U.S. Conference Board data will provide additional insight into “Main Street” sentiment. Recent U.S. consumer sentiment readings have been very weak, with University of Michigan indices falling to record lows- raising the question of whether the Conference Board survey will confirm this weakness on a similar scale.

Economic calendar

9 AM GMT – Eurozone, ECB Lending Survey
1:15 PM GMT – U.S., ADP (weekly change in private sector employment), previous: 54.75k
2 PM GMT – U.S., house price index m/m, expected: 0.1% vs 0.1% previously
3 PM GMT – U.S., Conference Board consumer confidence, expected: 89 vs 91.8 previously
3 PM GMT – U.S., Richmond Fed index, expected: 1 vs 0 previously
9:30 PM GMT – U.S., API crude oil inventories change

US Companies Earnings

General Motors, Coca-Cola, UPS – before the U.S. session
Visa, Starbucks – after the U.S. session

Central bank speakers

11:45 AM GMT – BoE, Bailey
5:30 PM GMT – ECB, Christine Lagarde

EURUSD (H1 interval)

Source: xStation5

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Market Wrap: Defence stocks rebound, European indices hover at all-time high 🔼 Rheinmetall gains 4%

Economic reports

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