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Central Bank Speeches and Oil Price Movements - October 22, 2024
Market Overview: October 22, 2024 Today’s markets are centered around key speeches from central banks. These include the ECB and the BoE. They may influence currency movements and broader economic expectations. Here’s a detailed look at what’s happening across them today: Get a Free Quote Key Data Points Central Bank Speeches: Several important speeches are lined up, including those…
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Chinese Retail Sales, ECB Speech, and GBP/EUR Turbulence
At 2:00 AM, Chinese Retail Sales came out at 3.7% YoY for the month of May, well above the consensus expectation of 3% and above April’s reading at 2.3%. However, compared to last month, this just represents a 0.2% gain, setting a more cautiously optimistic view. Speech by the President Christine Lagarde, will kick off at 10.00 AM. Investors and analysts will pay attention to trying to parse her…
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