Consumer Confidence

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november, 2019

21nov3:00 pm3:00 pmConsumer ConfidenceIMPACT: EURUSD & EUR CROSSES3:00 pm - 3:00 pm UTC Event Type :Medium Impact Time has ran out! Better luck next time!

Event Details

What is this event?

Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Measures

Level of a diffusion index based on surveyed consumers.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for the currency.

Frequency of event

Released monthly, around 22 days into the current month.

Source of Data

Eurostat (latest release)

Time

(Thursday) 3:00 pm - 3:00 pm

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