At 17:00 (GMT+2), the Conference Board’s Consumer Confidence Index for November will be published in the US. It is based on a survey of 5K American households and considers their vision of the current and future economic situation. It is a leading indicator that predicts consumer spending that is part of economic activity. Strong numbers indicate consumer optimism. The indicator is expected to decline from 113.8 to 110.9 points. The forecast implementation may put pressure on the US currency.
