25.10.-29.10. GDP and Central Bank week

Source: Dukascopy Bank SA
In general, during the week, the markets are expected to be impacted by Gross Domestic Product change data and two central bank announcements. Note that notable events will start on Wednesday.

On Wednesday, at 12:30 GMT, the US Durable Goods Orders and Core Durable Goods Orders change data will be published.

Also on Wednesday, at 14:00 GMT, the Bank of Canada is set to publish its Overnight Rate and release an official Rate Statement. Moreover, a Monetary Policy Report will be published. This event is bound to create high Canadian Dollar volatility.

Later on, at 14:30 GMT, the US Energy Information Administration is set to publish US weekly Crude Oil Inventories data. Oil prices move more than 50 cents on the announcement.

On Thursday, the European Central Bank will publish the Eurozone's Main Refinancing Rate at 11:45 GMT. Note that a press conference will be held at 12:30 GMT by the management of the central bank.

At 12:30 GMT, on Thursday, the US Advance GDP is expected to impact the value of the US Dollar. In addition, the US Unemployment Claims could also slightly impact the USD.

On Friday, at 08:00 GMT, the German Preliminary GDP is expected to cause volatility in the value of the Euro.

On the same day, at 12:30 GMT, the Canadian Dollar is bound to react to the publication of the Canadian GDP.

The moves on the tables are measured in pips by measuring five minutes before and after a data release. The exception to the rule are the Brent and Light crude oil prices, which are shown in USD cents.

Wednesday, 12:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

Wednesday, 14:00 GMT
© Dukascopy Bank SA

Wednesday, 14:30 GMT
© Dukascopy Bank SA

Thursday, 11:45 GMT
© Dukascopy Bank SA

Thursday, 12:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

Friday, 08:00 GMT
© Dukascopy Bank SA

Friday, 12:30 GMT
© Dukascopy Bank SA

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