
At 12:00 (GMT+2), November data on the Consumer Confidence Index in the Eurozone countries will be published, calculated on the basis of a survey of 2.3 thousand households who assess the prospects of the economy. This is a leading indicator for consumer spending, its high values indicate consumer optimism, and vice versa. In November, the indicator is likely to accelerate the negative dynamics from -12.5 points to -13.7 points, putting pressure on the position of the European currency.

