Analysis

ECB's Mario Draghi : Europe into a New Era [Video]

At the end of a very busy week filled with economic data which has been shaking the markets, we have two more top-tier events today. First up is ECB's Mario Draghi who’s scheduled to Speak in Frankfurt at 8:30 AM GMT. His speech is titled "Europe into a New Era – How to Seize the Opportunities". Market participants will be all ears waiting for him to drop subtle clues regarding future monetary policy, so we could see more volatility in the EUR crosses during after his speech. Next up is Canada’s Consumer Price Index (OCT) at 1:30 PM GMT. This is the key gauge for inflation in Canada. On a YoY basis, market participants expect Canada’s inflation to have dropped to 1.4% from the previous reading of 1.6% in October. Last but not least, we have the weekly Baker Hughes U.S. Rig Count at 6 PM to end the trading week. Thanks for watching, have a great weekend and come back for more from Capital Index and Invest Diva next week.

 


 

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