Factory Orders. Germany, 08:00 (GMT+2) 05 May

05May.202207:00

Factory Orders. Germany, 08:00 (GMT+2)

German Factory Orders data for March are due at 08:00 (GMT+2). This indicator captures the number of orders for durable and short-term goods. It is expected that their volume will correct from –2.2% to –1.1%, which may have a positive impact on the euro.

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05 May. 2022 02:30

Trade Balance. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), March data on Trade Balance will be published in Australia. This indicator captures the difference between the amount of payments for exported and imported goods, and its increase is a positive factor for the Australian currency. The balance sheet surplus is expected to continue and grow from 7.457B Australian dollars to 8.500B Australian dollars. If the forecast proves to be true, it may support the national currency.

05 May. 2022 07:30

Consumer Price Index. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), Swiss data on the Consumer Price Index for April will be released. It is the main indicator of inflation in the country and determines the change in the level of retail prices for a particular basket of goods and services: food, transportation, utilities, healthcare, etc. The index has a significant impact on the monetary policy decisions of the Swiss National Bank. It is expected that the indicator on an annualized basis will increase from 2.4% to 2.5%, and on a monthly basis it may decrease from 0.6% to 0.3%.

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