Economic calendar is light on this Friday, but some potential market movers are scheduled, so let’s take a closer look. The high importance Advance US Gross Domestic Product for the third quarter is out first at a half past noon GMT. The final reading for the second quarter was unchanged at 4.2%. This was the fastest pace since 2014, but markets are anticipating a slow down in the third quarter. Euro traders will be closely monitoring a speech by the ECB President Mario Draghi in Brussels at 2 PM GMT. Revised University of Michigan Survey for October will be released at the same time and it’s the final item for this rather short calendar. Preliminary report showed consumer sentiment slipping back below the 100 level. I’m Jack Everitt and that’s all for this week’s final Economic Calendar.
Economic calendar is light on this Friday, but some potential market movers are scheduled, so let’s take a closer look.
The high importance Advance US Gross Domestic Product for the third quarter is out first at a half past noon GMT. The final reading for the second quarter was unchanged at 4.2%. This was the fastest pace since 2014, but markets are anticipating a slow down in the third quarter.
Euro traders will be closely monitoring a speech by the ECB President Mario Draghi in Brussels at 2 PM GMT.
Revised University of Michigan Survey for October will be released at the same time and it’s the final item for this rather short calendar. Preliminary report showed consumer sentiment slipping back below the 100 level.
I’m Jack Everitt and that’s all for this week’s final Economic Calendar.
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