Industrial Production. Germany, 08:00 (GMT+2) 08 Jun

08Jun.202207:00

Industrial Production. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), April data on industrial production will be published in Germany. The indicator captures the change in the volume of output of industrial goods and utilities in the country. Its calculation takes into account the manufacturing and mining industries, as well as the electric power industry. The value is expected to correct to 1.0% from –3.9% a month earlier. The implementation of the forecast may support the euro.

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08 Jun. 2022 00:50

Gross Domestic Product. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), Japan's gross domestic product data for the first quarter of 2022 will be released. It is the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending, and exports. The Japanese economy is expected to shrink from –0.2% to –0.3% QoQ and by –0.1% YoY. The implementation of the forecast may put pressure on the yen.

08 Jun. 2022 09:30

Construction PMI. UK, 10:30 (GMT+2)

At 10:30 (GMT+2), May data on the business activity index in the construction sector will be released in the UK. The indicator reflects the state of business sentiment in the construction market and is calculated based on a survey of managers of the largest companies in the country. The value is expected to fall from 58.2 points to 56.6 points, putting pressure on the pound.

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