ECB President Christine Lagarde’s speech. EU, 15:00 (GMT+2) 20 Nov

20Nov.202414:00

ECB President Christine Lagarde’s speech. EU, 15:00 (GMT+2)

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.

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20 Nov. 2024 08:00

Consumer price index. UK, 09:00 (GMT+2)

At 09:00 (GMT+2), the UK will publish October data on the consumer price index. It is the main indicator of the inflation rate in the country and determines the change in retail prices for a certain basket of goods and services (food, transport, utilities, healthcare, etc.), and also has a significant impact on monetary policy decisions. The CPI may adjust from 1.7% to 2.2% YoY and from 0.0% to 0.1% MoM, while the core figure is likely to rise from 0.1% to 0.3% MoM and fall from 3.2% to 3.1% YoY.

20 Nov. 2024 16:30

Crude oil inventories. USA, 17:30 (GMT+2)

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.

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