A very European program for this Thursday session

This Thursday session promises to be rather calm on paper. Markets will still be watching the minutes from the European Central Bank’s September meeting.

A very European program for this Thursday session |  Photo credits: Istock

A very European program for this Thursday session | Photo credits: Istock

A month after having raised its main key rate by three quarters of a point, the European Central Bank will publish the minutes of its September meeting this Thursday at the start of the afternoon. ” The decision to raise key rates by 75 basis points at the September 8 meeting was unanimous, recalls the firm Oddo BHF. The ‘doves’ โ€“ if there are still any left at the ECB โ€“ no longer even dare to express the slightest nuance in the deliberations of the Governing Council. Since then, the tone of the ECB has continued to harden, suggesting a further rise of 75 basis points at the next meeting on October 27, especially as inflation hit a new record in September (+10% over a year). ยป

Still in the euro zone, retail sales figures for August will be released mid-morning. ” European household confidence goes from record low to record low this year, shaping a climate not conducive to discretionary spending โ€œSaid the same research office earlier this week.

What about unemployment claims?

As for Germany, we will learn a little earlier about the evolution of industrial orders for the same period. A drop of 0.7% is, this time, anticipated.

Also on the statistical agenda are the weekly jobless claims in the United States. They should come out at 203,000, against 193,000 the previous week.

Some publications will be to watch, such as that of the turnover of the first half of the poultry CDL.


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