Market insights

The Speeches Had Little Impact

What could have been a turbulent day ended up being a storm in a teacup yesterday.

With no less than 14 key speeches through the day, the rhetoric ended up being benign.

Today could be a different story.

There's Eurozone consumer confidence and economic sentiment out first.

Here in the UK the last consumer confidence rating came in very poorly at negative -20. This was seen as a reaction to the Prime Ministers statement regarding difficult times ahead.

Then it's across the pond to the US for personal expenditure reading.

And that takes us into the weekend when the highlight is key manufacturing and services data from China in the early hours of Monday.

Business news reports on a mixed view from the UK Government. The PM has indicated tough times ahead, but the Chancellor, Rachel Reeves, has suggested she sees a bright future for the UK at the Labour party conference.

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Economic calendar

EUR: 10:00 Consumer Confidence

EUR: 10:00 Economic Sentiment

US: 13:30 Personal Expenditure

CHN: Monday 02:45 Caixin Manufacturing and Services

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

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