Europe New Car Sales Recover In October
Thursday, November 21,2024,07:59
Europe's new car registrations increased in October after two consecutive declines, the European Automobile Manufacturers' Association, or ACEA, reported Thursday. New car sales registered a moderate growth of 1.1 percent, reversing a decline of 6.1 percent in September. The rebound was driven by robust performances in Spain and Germany. Registrations in Spain grew 7.2 percent from a year ago. .. read more..
Mainland Norway's GDP Expands 0.5% In Q3
Thursday, November 21,2024,07:44
The Mainland Norwegian economy expanded more than expected in the third quarter. Gross domestic product advanced 0.5 percent sequentially in the September quarter after rising 0.3 in the June quarter. Economists had forecast a stable increase. Meanwhile, overall GDP decreased 1.8 percent in the third quarter, reversing a 2.0 percent growth in the second quarter. .. read more..
Dutch Consumer Confidence Weakens, Jobless Rate Remains Stable
Thursday, November 21,2024,06:35
Consumers in the Netherlands remained somewhat more negative in November, while the unemployment rate held steady in October. The consumer confidence index dropped to -25 in November from -22 in October. Further, the indicator in November was well below the 20-year average of -10 points. .. read more..
Fed's Williams: The disinflationary process will continue
Thursday, November 21,2024,06:16
Labour market is now in balance, not providing upward pressure on inflation Wants to see inflation coming down to 2% and staying around that level amid solid labour market Don't see any signs of a recession in the data It is pretty clear that monetary policy is restrictive today That is why it is "very appropriate" to cut rates in the past two meetings We're well positioned for risks of inflation being higher than we expect for next year Expects it to be appropriate to cut rates further to more normal or neutral levels over time Full transcript There's nothing new in the comments here from Williams. As things stand, Fed funds futures are showing a ~53% probability of a rate cut next month... .. read more..
BOJ governor Ueda: We don't make comments on short-term FX moves
Thursday, November 21,2024,05:56
There is still a month to go until the next policy meeting, there will be more information available by then We decide monetary policy meeting by meeting on the basis of information that becomes available up to the meeting itself Need to take into account FX movements in forming our economic and inflation outlook, including what's causing FX changes that are taking place at the moment He's not giving anything away just yet and as things stand, traders are quite torn on what they will be doing in December. The OIS market shows that pricing for a 25 bps rate hike is at ~48% odds currently. The remainder ~52% odds are siding with the BOJ not making any change to their policy settings. This a... .. read more..
ECB's Villeroy: The balance of risks on growth, inflation is shifting to the ...
Thursday, November 21,2024,05:38
Victory against inflation is in sight in Europe Inflation could be sustainably at 2% in early 2025 Trump tariffs not expected to significantly alter inflation outlook in Europe Should continue to reduce degree of monetary policy restriction Pace of reduction must be determined by agile pragmatism We must maintain full optionality for upcoming meetings It is interesting to see Villeroy take a bit of a different approach. His colleagues have gone out of the way to highlight risks regarding Trump tariffs but Villeroy is pretty much dismissing them, at least on the inflation front. But it is well worth considering the potential impact of those tariffs on the economic outlook at least. This ar... .. read more..
BOJ governor Ueda: We have seen how technology has diversified financial inte...
Thursday, November 21,2024,05:18
Financial industry to undergo even more transformation with the recent rise of generative AI A regulatory and supervisory framework that adapts to technological advancements is essential Need to build on insights gained from exports to fully benefit from new technology But technological advancements bring new risks to financial stability As financial services grow more diverse and complex, the channels of risk transmission have become less transparent And current financial regulations may not be fully equipped to manage new types of financial services Nothing that touches on monetary policy from Ueda in this latest speech. This article was written by Justin Low at www.forexlive.com. .. read more..
Federal Reserve speakers Thursday include Hammack, Goolsbee, Barr
Thursday, November 21,2024,04:46
1345/0845 Federal Reserve Bank of Cleveland President Beth Hammack gives welcome remarks before the 2024 Financial Stability Conference: Emerging Risks in a Time of Interconnectedness and Innovation, hosted by the Cleveland Fed and the Office of Financial Research 1725/1225 Federal Reserve Bank of Chicago President Austan Goolsbee participates in moderated question-and-answer session before the Central Indiana Corporate Partnership 1730/1230 Federal Reserve Bank of Cleveland President Beth Hammack participates in conversation before the 2024 Financial Stability Conference: Emerging Risks in a Time of Interconnectedness and Innovation, 2140/1640 Federal Reserve Vice Chair for Supervision M... .. read more..
European Economic News Preview: UK Public Sector Finance Data Due
Thursday, November 21,2024,04:32
Public sector finances from the UK and new car registrations data from Europe are due on Thursday. At 2.00 AM ET, the Office for National Statistics releases UK public sector finance data for October. The budget deficit is expected to narrow to GBP 14.1 billion from GBP 16.6 billion in September. .. read more..
There are at least 10 European Central Bank officials speaking on Thursday
Thursday, November 21,2024,03:58
Below you'll find who is on the schedule. Times are GMT/US Eastern time format. Apart from these 10 be wary of a few popping up unannounced in various media interviews and what have you. 0525/0025 Bank of France Governor Francois Villeroy de Galhau speaks at Paris Europlus Financial Forum 2024 in Tokyo 0830/0330 Welcome remarks by ECB board member Piero Cipollone at the Euro Cyber Resilience Board for pan-European Financial Infrastructures meeting (ECRB) in Frankfurt, Germany 1145/0645 Keynote speech by ECB board member Claudia M Buch at CEBRA International Finance and Macroeconomics conference “The Role of Central Banks and International Financial Institutions in the Transition Towards a... .. read more..
Bank of England's Catherine Mann speaking Thursday
Thursday, November 21,2024,03:18
1400 GMT/0900 US Eastern time: Bank of England Monetary Policy Member Catherine Mann fireside chat with private investment firm Brown Brothers Harriman Mann has spoken recently: BoE's Mann: Forward-looking indicators raising the risk of inflation persistence BOE's Mann: I describe myself as an 'activist' rather than a 'gradualist' on rates BOE's Mann: Inflation has definitely not been vanquished BOE's Mann argues for holding rates firmly until more evidence of diminished inflation This article was written by Eamonn Sheridan at www.forexlive.com. .. read more..
CHF traders note - Two Swiss National Bank speakers due Thursday, November 21
Thursday, November 21,2024,02:53
1730 GMT/1230 US Eastern time: Speech by member of the board of the Swiss National Bank Petra Tschudin and Thomas Moser, "The Swiss Repo Market: 25 Years of Success for the Financial Centre and the National Bank", Money Market Event Petra Tschudin is the a member of the Governing Board of the Swiss National Bank also Head of Department III (Money Market and Foreign Exchange, Asset Management, Banking Operations and Information Technology, as well as the Singapore branch office) in Zurich Thomas Moser is an Alternate Member of the Governing Board of the Swiss National Bank. This article was written by Eamonn Sheridan at www.forexlive.com. .. read more..
Heads up for Bank of Japan Governor Ueda speaking at 0510 GMT, 0010 US Easter...
Thursday, November 21,2024,02:39
BOJ Governor Kazuo Ueda due to speak at the Paris EUROPLACE Tokyo International Financial Forum, in Tokyo. I haven't been able to dig up anything on this. Ueda spoke earlier this week: Bank of Japan Governor Ueda says economy recovering moderately, some weak signs USD/JPY volatile on Bank of Japan Governor Ueda speech Bank Japan Gov Ueda - Driver of Japan's inflation shifting towards rise in domestic wages. BOJ governor Ueda says will not comment on short-term FX moves BOJ governor Ueda says no huge build up of yen carry positions compared to July This article was written by Eamonn Sheridan at www.forexlive.com. .. read more..
PBOC sets USD/ CNY reference rate for today at 7.1934 (vs. estimate at 7.2482)
Thursday, November 21,2024,01:15
The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate. CNH is the offshore yuan. USD /CNH has no restrictions on its trading range. A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC. The previous close was 7.2455 In open market operations (OMOs): PBOC injects 470bn yuan via 7-day RR, sets rate at 1.5% 328bn yuan mature today net injection is 142bn yuan This article was written by Eamonn Sheridan at www.forexlive.com. .. read more..
Westpac revise its RBA forecast - see later but faster interest rate cuts
Thursday, November 21,2024,01:04
Westpac were forecasting a February 2025 rate cut but have pushed that out to May 2025. In brief: We have revised our view of the most likely scenario for the path of the RBA’s cash rate, pushing out the start date of the rate-cutting cycle from February to May. Similar to the pattern in some peer economies, we expect the initial moves to be somewhat front-loaded, with consecutive cuts in late May and early July. This is also a change from our previous expectation of a moderate pace of decline of one cut per quarter. We continue to expect the terminal rate to be 3.35%, to be reached by year-end 2025. Current RBA cash rate is 4.35% This article was written by Eamonn Sheridan at www.forexli... .. read more..
PBOC is expected to set the USD/CNY reference rate at 7.2482 – Reuters estimate
Thursday, November 21,2024,00:22
People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%. How the process works: Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar. The central bank takes into account factors such as market supply and demand, economic indicators, and i... .. read more..
BoA Securites raised US growth and inflation forecasts, see fewer Fed interes...
Wednesday, November 20,2024,23:43
Catching up on this from Bank of America Securites. Analysts there are bullish on the US economy, seeing resilience, added signs of growth in productivity: thus see higher economic growth see high-for-longer interest rates, forecast a higher Fed terminal rate at 4%. BoA are wary of uncertainty around the incoming Trump administration. The analysts assess that policy changes will tend to drive inflation higher but negative impacts on growth should be cancelled out by positive impacts: think downside risks to growth are larger for the rest of the world than for the U.S. *** The next Federal Open Market Committee (FOMC) meeting is December 17-18. For 2025: This article was written by Eamonn ... .. read more..
New Zealand Credit Card Data Due On Thursday
Wednesday, November 20,2024,22:34
New Zealand will on Thursday release October figures for credit card spending, highlighting a light day for Asia-Pacific economic activity. In September, card spending was down 3.2 percent on year. .. read more..
ICYMI - (nearly) 90% of economists expect the Federal Reserve to cut by 25bp ...
Wednesday, November 20,2024,22:30
Reuters published its Fed survey overnight. In summary from the report: December Rate Cut Likely: Nearly 90% of economists (94 out of 106) expect a 25bps cut in December, bringing the fed funds rate to 4.25%-4.50%. Market pricing shows less than a 60% chance of a December cut, reflecting uncertainty. 2025 Rate Cuts to be Shallower: Economists expect shallower rate cuts in 2025 due to risks of higher inflation from President-elect Trump's policies. Fed funds rate is forecasted at 3.50%-3.75% by end-2025, 50bps higher than last month’s projection. Key Inflation Risks: Trump's proposed policies (higher tariffs, tax reductions, deregulation, protectionist trade policies) pose significant infl... .. read more..
More from Fed's Collins - too early for Fed to factor in the election impact
Wednesday, November 20,2024,22:12
Federal Reserve Bank of Boston President Susan Collins with more: Balance sheet policy most useful in unusual conditions Too soon for Fed to factor in impact of election on its work ... "I don’t actually try to get out ahead” of the election and how it may have changed the landscape, adding "when we have details ... we will analyze them" and factor them into central bank policy making. Collins will be an Federal Open Market Committee (FOMC) voter in 2025. Note that all of the members of the FOMC contribute to the discussion, even non-voters. Earlier: Fed's Collins looks to be on the fence re a December interest rate cut This is an old pic, but you get the idea. This article was written by... .. read more..
Sticky UK services inflation to keep BoE cutting gradually (for now)
Wednesday, November 20,2024,22:00
UK services inflation was a tad hotter than the economist consensus had expected in October. But at 5%, it’s only fractionally higher than in September and in line with the Bank of England’s (and our own) forecast. Interestingly though, when we drill down into the details, you discover that much of the recent stickiness is ... .. read more..
ECB warns of ‘bubble’ in AI stocks as funds deplete cash buffers
Wednesday, November 20,2024,22:00
The European Central Bank warned on Wednesday about a “bubble” in stocks related to artificial intelligence (AI), which could burst abruptly if investors’ rosy expectations are not met. The warning came as part of the ECB’s twice-yearly Financial Stability Review, a laundry list of risks ranging from wars and tariffs to cracks in the plumbing ... .. read more..
UK inflation jumps to 2.3%, underscoring BoE’s stance for gradual rate cuts
Wednesday, November 20,2024,22:00
British inflation jumped by more than expected last monthto riseback above the Bank of England’s 2% target and underlyingprice growth gathered speed too, showing why the BoE is moving cautiously oninterest rate cuts. Consumer prices rose by an annual 2.3% in October, pushed up almost entirelyby an increase in regulated domestic energy tariffs, after a ... .. read more..
In high-wage Germany, VW’s labour costs outstrip the competition
Wednesday, November 20,2024,22:00
As Volkswagen VOWG_p.DE and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker spends a higher proportion of sales on labour costs than major rivals. The data, in an internal memo by Volkswagen’s works council reviewed by ... .. read more..
Taiwan October export orders beat forecasts on AI, China demand remains soft
Wednesday, November 20,2024,22:00
Taiwan export orders maintained strong momentum going into the final quarter by beating expectations for October, as the island benefits from demand for artificial intelligence (AI) technology, though also grappling with softness from China. Export orders rose 4.9% last month to $55.45 billion from a year earlier, the economy ministry said on Wednesday. That topped ... .. read more..
Euro zone negotiated pay growth accelerates in Q3, adding to rate cut caution
Wednesday, November 20,2024,22:00
Euro zone negotiated wage growth accelerated in the third quarter, adding to the case for caution in cutting interest rates quickly as the labour market remains tight despite some signs of cooling, data from the European Central Bank showed on Wednesday. Growth in negotiated wages picked up to 5.42%in the third quarter from 3.54% in ... .. read more..
Greece sees 2025 economic growth at 2.3%, lower fiscal deficit
Wednesday, November 20,2024,22:00
Greece’s economy will continue to rebound next year thanks to higher investment and tourism receipts, allowing the government to reduce its fiscal deficit, the finance minister said on Wednesday after submitting the 2025 budget to parliament. Athens is forecasting economic growth of 2.3% in 2025, it said on Wednesday, outperforming Europe’s major economies. That is ... .. read more..
Economic calendar in Asia Thursday, November 21, 2024 - Bank of Japan Governo...
Wednesday, November 20,2024,21:47
The calendar has Bank of Japan Governor Ueda speaking at 0510 GMT, which is 0010 US Eastern time. Ueda spoke earlier this week ... nothing could stop him! Bank of Japan Governor Ueda says economy recovering moderately, some weak signs USD/JPY volatile on Bank of Japan Governor Ueda speech Bank Japan Gov Ueda - Driver of Japan's inflation shifting towards rise in domestic wages. BOJ governor Ueda says will not comment on short-term FX moves BOJ governor Ueda says no huge build up of yen carry positions compared to July A little later Reserve Bank of Australia Governor Bullock is speaking at the Women in Payments Conference, Sydney 7pm local time, 0800 GMT and 0300 US Eastern time We heard ... .. read more..
Fed's Collins looks to be on the fence re a December interest rate cut
Wednesday, November 20,2024,21:03
Federal Reserve Bank of Boston President Susan Collins: Some additional rate cuts needed as policy still restrictive.Doesn’t want to cut rates too quickly.Overly slow rate cuts could hurt labor market.Final destination of rate cuts is unclear.Monetary policy well positioned for economic outlook.Monetary policy not on a preset course.Fed policy decisions to be done meeting-by-meeting.Any further slowdown in job market undesirable.Risks to outlook are roughly in balance.Labor market healthy, inflation moving back to 2%.Strong productivity means wage gains not inflationary.Economy is in a good place.Progress to 2% inflation could be uneven. More rate cuts needed, not too fast, not too slow. ... .. read more..
ECBs Stournaras: ECB policy has tamed inflation
Wednesday, November 20,2024,19:41
ECBs Stournaras is speaking and says: ECB policy has tamed inflation Sees inflation converted to 2% by start of 2025 ECB may increasingly need to avoid inflation undershoot Rates will stay restrictive for some time Downside risks to Eurozone growth remain This article was written by Greg Michalowski at www.forexlive.com. .. read more..
Twenty-Year Bond Auction Attracts Well Below Average Demand
Wednesday, November 20,2024,18:09
The Treasury Department announced the results of this month's auction of $16 billion worth of twenty-year bonds on Wednesday, revealing the sale attracted well below average demand. .. read more..
India’s Q3 growth to pick up after festive boost, cenbank says in bulletin
Wednesday, November 20,2024,18:00
India’s economic growth is expected to pick up in the current quarter after a slowdown in July-September, the country’s central bank said in its monthly bulletin on Wednesday, citing a rebound in private consumption in the festive period. The Reserve Bank of India (RBI) projected third-quarter gross domestic product growth at 7.6%, faster than an ... .. read more..
Uncertainty clouds holiday shopping season after mixed forecasts from Walmart...
Wednesday, November 20,2024,18:00
Retailers are in for a mixed holiday season this year ahead of Black Friday and Christmas, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones to look for the best deals on apparel, electronics and toys. Against this backdrop, bellwether Walmart WMT.N lifted annual sales ... .. read more..
China leaves lending benchmark LPRs unchanged, as expected
Wednesday, November 20,2024,18:00
China left benchmark lending rates unchanged at the monthly fixing on Wednesday, after lenders slashed the rates by higher-than-expected margins last month to revive economic activity. WHY IT’S IMPORTANT The steady monthly loan prime rate (LPR) fixings come within market expectations, as recent rate cuts squeeze banks’ profitability and the yuan comes under fresh pressure ... .. read more..
Putin, ascendant in Ukraine, eyes contours of a Trump peace deal
Wednesday, November 20,2024,18:00
Vladimir Putin is open to discussing a Ukraine ceasefire deal with Donald Trump but rules out making any major territorial concessions and insists Kyiv abandon ambitions to join NATO, five sources with knowledge of Kremlin thinking told Reuters. U.S. President-elect Trump, who has vowed to swiftly end the conflict, is returning to the White House ... .. read more..
US state payrolls numbers confirm the cooling jobs narrative
Wednesday, November 20,2024,18:00
State jobs numbers indicate a broad cooling Admittedly, this is a little bit niche at this stage, but I suspect it will become an important story over the next couple of weeks… The US state non-farm payrolls numbers have been released today and give us a guide as to how impactful Hurricane Milton was in ... .. read more..
More from Bowman:It's concerning we're recalibrating policy w/out reaching in...
Wednesday, November 20,2024,17:50
Fed's Bowman adds: It's concerning we are recalibrating policy without reaching inflation goals Fed needs to be flexible Even when we bring inflation down, prices are still more expensive. We need to be patient and cautious about what immigration policy approach may actually be. US needs policies that will facilitate people to be able to work across the country. Sites own family of farmers and difficulty finding labor. Congress would need to mandate a central bank digital currency if it felt one was needed. Bowman's comments sets her as the most hawkish of Fed members This article was written by Greg Michalowski at www.forexlive.com. .. read more..
Fed's Bowman: Fed may be closer to neutral policy then policymakers currently...
Wednesday, November 20,2024,17:16
Fed's Michelle Bowman is speaking and says: U.S. Central Bank should pursue a cautious approach on monetary policy. Fed may be closer to neutral policy than policymakers currently think; inflation remains a concern. Her estimate of neutral policy rate is much higher than before COVID pandemic. Says she agreed to support November Fed rate cut as it aligns with her preference to lower rates gradually. Says she is pleased that November Fed policy statement provided optionality in deciding future policy adjustments. Progress in lowering inflation appears to have stalled. Says she sees greater risks to price stability mandate, though deterioration in labor conditions is possible. Economy is st... .. read more..
More from BOE's Ransden: October CPI data only marginally above BOE's forecast
Wednesday, November 20,2024,16:47
More from BOE's Ramsden: October CPI data only marginally above BOE's forecast A very small miss. on one months inflation forecast doesn't change my assessment of the outlook This article was written by Greg Michalowski at www.forexlive.com. .. read more..
More from Cook:Productivity is such a long run stable trend that exceeding it...
Wednesday, November 20,2024,16:45
More from Fed Gov. Cook: This moment could be incredibly important if productivity has shifted higher. Productivity is such a long run, stable trend, that exceeding it is very hard to do. Possible even that the US is underestimating the productivity gains from AI. This article was written by Greg Michalowski at www.forexlive.com. .. read more..
BOE Ramsden: Recent trends toward loan relatively stable inflation should con...
Wednesday, November 20,2024,16:10
BOE's Ramsden is speaking on the economy and says: The economy will continue to normalize, with the recent trend towards low and relatively stable inflation continuing. It is as least as likely that the disinflationary process sustains it's recent trend This would imply a scenario in which inflation stays closer to the 2% target throughout the first part of the forecast and falls below 2% more materially later on. Were uncertainties to diminish and evidence to point more clearly to further disinflationary pressures, then I would consider a less gradual approach to reducing bank rate. My starting point is to consider it more likely that pay awards will be in the bottom half of the expected... .. read more..
Fed's Cook: If inflation progress slows w/ jobs still solid, could see pause
Wednesday, November 20,2024,16:03
Fed's Cook is speaking on the economy and monetary policy and says: If labor market and inflation evolve as expected, would be appropriate to continue lowering policy rate towards neutral. If inflation progress slows with job market still solid, could see a scenario for pausing. Totality of data suggests disinflation still underway with labor market gradually cooling. Cuts so far were a strong step toward removing policy restriction. Magnitude and timing of rate cuts will depend on coming data, outlook, balance of risks; policy not preset. Risks right now are roughly in balance. Economy is in a good position, though core inflation still somewhat elevated. Elevated core inflation suggests ... .. read more..
Inflation jump is just the start — Rachel Reeves is about to make things even...
Wednesday, November 20,2024,16:01
If you think today's news is bad, just wait until Rachel Reeves' Budget starts to take effect on the economy. .. read more..
EIA: U.S. Crude Stocks Rise as Imports Surge, Refinery Activity Slows
Wednesday, November 20,2024,16:00
Crude oil inventories rise despite refinery slowdown; imports surge, but demand weakness in distillates points to a bearish outlook for oil prices. .. read more..
U.S. Crude Oil Inventories Edge Modestly Higher
Wednesday, November 20,2024,15:42
Crude oil inventories in the U.S. saw a modest increase in the week ended November 15th, according to a report released by the Energy Information Administration on Wednesday. .. read more..
Fed vice chair Michael Barr to testify Capitol Hill
Wednesday, November 20,2024,15:01
Fed vice chair Michael Barr is to testify Capitol Hill shortly. He is in charge of supervision on the Federal Reserve Board and as such is testimony is likely to be not on monetary policy or the economy per se more on regulation and supervision. Meanwhile stocks are moving lower with the NASDAQ index down -0.70% and the S&P down -0.43%. 10 year note is up 3.7 basis points or 4.415% Headlines from is prepared tax are starting to trickle out. Banking system remains sound and solid Banks continue to report capital and liquidity ratios above minimum regulatory levels and asset quality generally remains sound. While the system as a whole is resilient, the Fed is carefully monitoring the co... .. read more..
Crude oil inventories. USA, 17:30 (GMT+2)
Wednesday, November 20,2024,14:30
At 17:30 (GMT+2), the Energy Information Administration of the US Department of Energy (EIA) will present a weekly report containing data on changes in the volumes of crude oil, as well as gasoline and distillates in the country. A correction may follow from 2.089M barrels to 0.400M barrels, supporting oil prices. Read more .. read more..
Portugal Producer Price Inflation Slows To 0.1%
Wednesday, November 20,2024,14:11
Portugal's producer price inflation eased in October to the lowest level in six months amid cheaper energy costs. The producer price index rose 0.1 percent year-on-year in October, slower than the 1.0 percent rise in September. On a monthly basis, producer prices dropped 0.8 percent in October after falling 0.9 percent in the preceding month. .. read more..
UK House Price Growth Rises In September
Wednesday, November 20,2024,12:34
UK house prices increased at a faster pace in September, data from the Office for National Statistics showed on Wednesday. .. read more..
ECB President Christine Lagarde’s speech. EU, 15:00 (GMT+2)
Wednesday, November 20,2024,12:00
European Central Bank (ECB) President Christine Lagarde will speak at 15:00 (GMT+2). Investors are watching the regulator’s rhetoric with interest, trying to get hints about the prospects for the EU economy in the context of global geopolitical instability. Read more .. read more..