It’s going to be a hectic few minutes at the bottom of the hour with Draghi and data all out at the same time.
You can watch Draghi live from ECB HQ here
Preliminary US Q3 GDP is release and the market is looking for 3.0% annualised up from 2.8%.
Initial jobless claims are expected in at 325k from 316k last week.
We’ll probably get a few seconds to digest the data while Draghi makes his opening remarks but take care as we could swing about wildly dependant on the data and his early comments. Keep in mind that he’s likely to be dovish in case the Euro pops higher on the data then falls on his speech. Might get a good scalp opp.
We also have the Fed’s Dennis Lockhart due to speak in the next 5 minutes or so.