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CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.
CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

Look ahead 10/11/23: Powell; US consumer confidence; UK data; oil

Investors eye the US Fed chair’s speech for more clues about future rates. Brace for US consumer confidence figures after data point to a resilent labour market. And Britain releases Q3 GDP growth rate and trade data.

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(Partial Video Transcript)

Investors waiting on Powell's comments

Hello, I'm Angeline Ong. Welcome to your look ahead to Friday 10 November 2023. Now, of course those comments from US Federal Reserve chair Jerome Powell will be key. We are looking out for UK gross domestic product (GDP) numbers as well, along with industrial production and trade balance. Let's have a look at sterling...


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