ECB Forum on Central Banking this Week

ECB Forum on Central Banking this Week

The ECB Forum on central banking is being held June 26-28, 2017 in Portugal. This forum can create sporadic volatility in any of the currencies as the leaders of central banks around the world gather for economic discussions and investors look for clues on upcoming interest rates.

ECB Forum on Central Banking this Week
ECB Forum on Central Banking this Week Getty Images

ECB Forum on Central Banking this Week

While some traders may presume the ECB Forum will only affect the Euro, with over 150 central bank governors in attendance, it can affect any currency.

Mario Draghi, President of the ECB, and Ben Bernanke, former Fed Chair, will kick off the forum on June 26, 2017 with dinner speeches (1:30pm New York time).  The Bank of England governor, Bank of Japan governor, and the Bank of Canada governor will also be speaking during this three day event.

With the upcoming Brexit and rumors that the ECB may reduce emergency stimulus, more than average volatility should be anticipated.  Additionally, Fed Chair Yellen is scheduled to speak about global economic issues at the British Academy “President’s Lecture” on June 27th, 2017, as well.

According to the ECB Forum website, the conference will be webcast live on the their site.

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