Market insights

Eurozone Interest Rate Decision Today - MI250124

It's another key day in the interest rate story.

The ECB releases its interest rate decision just after lunch. The consensus is for them to leave the rate constant at 4.5%.

This is shortly followed by the ECB press conference 30 minutes later so it's a busy day for GBP/EUR.

Eyes move Stateside in between the Eurozone news.

There's US GDP figures out as the headline alongside durable goods orders.

Later in the afternoon it's back to the Euro as the President of the ECB, Christine Lagarde, gives a speech.

It's all topped off by a UK consumer confidence reading just after midnight.

Business news centres on the potential tax cuts in the Spring with some rhetoric that it's a vote winner at the possible chance of spending cuts in the future.

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Economic calendar

EUR: 13:15 ECB Interest Rate Decision

US: 13:30 GDP Number

US: 13:30 Durable Goods Orders

EUR: 13:45 ECB Press Conference

EUR: 16:00 ECB's Christine Lagarde Speech

UK: Friday 00:01 Gfk Consumer Confidence

As ever we look forward to keeping you in the loop and look out for our next update.

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