Time | Country | Event | Period | Previous value | Forecast | Actual |
---|
06:00 | Germany | Gfk Consumer Confidence Survey | November | 0.4 | -0.5 | 0.9 |
06:45 | France | Consumer confidence | October | 101 | 101 | 99 |
08:00 | Eurozone | Private Loans, Y/Y | September | 4.2% | | 4.1% |
08:00 | Switzerland | Credit Suisse ZEW Survey (Expectations) | October | 25.7 | | 15.6 |
08:00 | Eurozone | M3 money supply, adjusted y/y | September | 7.9% | 7.5% | 7.4% |
USD traded mixed and little changed against other major currencies in the European session on Wednesday, as investors prepared for the U.S. Federal Reserve’s monetary policy meeting, set to be held on November 2-3.
The U.S. Dollar Index (DXY), measuring the U.S. currency's value relative to a basket of foreign currencies, edged down 0.06% to 93.90.
Market participants are also looking to policy updates this week from the Bank of Canada (BoC), the Bank of Japan (BoJ), and the European Central Bank (ECB) for clues on the interest rates prospects amid growing inflation pressures.
Meanwhile, the U.S. Treasury yield curve is flattening, as shorter-dated yields are rising (the 2-year yield is up 1 basis point to 0.489% at the moment) amid increased bets that inflation will bring forward interest rate hikes, and longer-dated yields are declining (the 10-yr yield is down three basis points to 1.585%).