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ECB President Christine Lagarde’s speech. EU, 19:00 (GMT+2) 28 Jan

28Jan.202518:00

ECB President Christine Lagarde’s speech. EU, 19:00 (GMT+2)

At 19:00 (GMT+2), European Central Bank (ECB) President Christine Lagarde will speak to comment on the results of the monetary policy meeting. Investors are closely watching the officials’ rhetoric, trying to get hints about the prospects for the EU economy in the context of global geopolitical instability.

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CB consumer confidence. USA, 17:00 (GMT+2)
28 Jan. 2025 16:00
CB consumer confidence. USA, 17:00 (GMT+2)

At 17:00 (GMT+2), the US will publish the January Consumer Confidence Index from the Conference Board. It is calculated based on a survey of 5.0K US households and considers their vision of the current and future economic situation. It is a leading indicator that predicts consumer spending, which is part of economic activity. It may grow from 104.7 to 105.9, supporting the American dollar.

API weekly crude oil stock. US, 23:30 (GMT+2)
28 Jan. 2025 22:30
API weekly crude oil stock. US, 23:30 (GMT+2)

At 23:30 (GMT+2), the American Petroleum Institute (API) will publish its weekly report on oil inventories, gasoline and distillate volumes. Previously, it changed from –2.600M barrels to 1.000M barrels, putting pressure on oil prices.

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