At 17:00 (GMT+2), October data on the Consumer Confidence index in the eurozone countries, calculated based on a survey of 2.3 thousand households that assess the economic prospects, will be published. It is a leading indicator for consumer spending, with high readings indicating consumer optimism and vice versa. The indicator is likely to adjust from –14.2 points to –14.0 points, putting pressure on the position of the single European currency.
