Market focus

On Thursday, October 24, the saturation of the economic calendar will reach a maximum for this week, which is associated with the publication of business activity data.

Significant data should be expected from the European trading session, which will publish business activity in the manufacturing sector of France, Germany and the eurozone. In this case, market attention will be focused on the meeting results of the Central Bank of Norway and the ECB. Hints about monetary policy will be expected  from the ECB meeting results.

At the American session, it is worth to highlight data on durable goods orders and new housing sales in the United States. The ECB will also hold a press conference.

Hanzenko Anton