Friday brings a couple of potential market movers, so let’s take a quick look. European Central Bank President Mario Draghi will be giving a closely watched speech at half past 8 in the morning, speaking at the European Banking Congress in Frankfurt. Coming up next at 1:30 PM GMT is the US Building Permits for October.
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The number of permits fell to a 4-month low in September, once again showing the impact of the hurricane season. And Canadian Consumer Price Index for October is out at the same time, which is a high importance release for all the Loonie Dollar Traders. Annual inflation picked up speed in September, and growth was recorded across most subsectors.