Forex news and the most important events on the economic calendar October 23 to 27

During this week, investors are awaiting many important forex news represented in the European Central Bank meeting, in order to obtain more details about the bank’s future plans to reduce the monetary stimulus program, and investors’ attention will also turn towards the preliminary reading of economic growth in the United States during the third quarter of the year In order to continue evaluating the economic impact of the hurricanes that hit the south of the country during the past month.

Here are the most important forex news this week

Monday 23 October

Canada is to publish data on wholesale sales.

Tuesday 24 October

Later today, several important data are scheduled to be released in the Eurozone on the activity of the manufacturing and service sectors.

Wednesday October 25

Australia will release inflation data, the Ifo Institute will publish a report on German economic sentiment, and in Britain the preliminary reading of economic growth during the third quarter of this year is due to be revealed, and the United States is to publish several important data on commodity orders. In addition to other data on new home sales, the Central Bank of Canada will announce the benchmark interest rate, in addition to publishing a statement on policies that determine economic conditions and the factors that affect the monetary policy decision, and this statement will be followed by a press conference for the President of the Bank .

Thursday October 26

New Zealand is scheduled to publish trade balance data, and the European Central Bank will announce its monetary policy decision, and this announcement will be followed by a press conference by President Mario Draghi, and during Thursday the United States is also scheduled to publish several important reports on initial jobless claims. and pending home sales.

Friday 27 October

Japan will release inflation data, and the United States is scheduled to conclude this week's trading by issuing several important data on the growth of the largest economy in the world during the third quarter of this year.

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Mohamed Abdel Khaleq

A professional technical and economic analyst in global financial markets since 2004. He holds a Master’s in Business Administration from the American University in Cairo. He works as an economic writer and technical analyst for many international financial companies. He writes daily economic and technical analyzes for many Arabic and English websites specialized in the field of stock exchanges and financial markets.

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