
At 16:00 (GMT+2) in the US, the October consumer confidence index from the Conference Board will be published. It is based on a survey of 5.0K American households and considers their vision of the current and future economic situation. It is a leading indicator that predicts consumer spending that is part of economic activity. High numbers indicate consumer optimism. The index is expected to fall from 108.0 points to 106.5 points. Implementation of the forecast may put pressure on the US national currency.

