Market Review 26 May 2020

by Constantinos Loizou

In the economic calendar of today we can expect some volatility in EUR, USD and CAD

At 12:45 (GMT) the Executive Board member of the European Central Bank, Philip Richard Lane, will give a speech

His words may create some volatility in the EUR

At 14:00 (GMT) the Census Bureau of USA, will announce their New Home Sales

The above number is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated.

The result is forecasted to decrease to 0.49M considering the last month that was at 0.627M

At 21:00 (GMT) the Governor of the Bank of Canada (BOC), Stephen S. Poloz, will give a speech

His words may create some volatility in the CAD