Consumer Climate Index (Gfk). Germany, 08:00 (GMT+2) 27 Jul

27Jul.202207:00

Consumer Climate Index (Gfk). Germany, 08:00 (GMT+2)

At 08:00 (GMT+2) in Germany, August data on the consumer climate index (Gfk) will be published. The indicator assesses the degree of confidence in the economy's strength and is a leading indicator for household spending. The negative dynamics are expected to increase from –27.4 points to –28.9 points. Implementation of the forecast may put pressure on the euro quotes.

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27 Jul. 2022 02:30

Consumer Price Index. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), Australian CPI data for the second quarter of 2022 will be released. It is the main indicator of inflation in the country, which determines the change in retail prices for a certain "basket" of goods and services: food, transport, utilities, healthcare, and has a significant impact on the authorities' decisions on monetary policy. The index is expected to fall from 2.1% to 1.8% QoQ and increase from 5.1% to 6.2% YoY, which could put pressure on the Australian currency.

27 Jul. 2022 09:00

Monetary Supply M3. EU, 10:00 (GMT+2)

At 10:00 (GMT+2), June data on the M3 money supply aggregate in the euro area will be published. The indicator measures the value of all foreign exchange and liquid monetary assets in the hands of the population. It is an important indicator of inflation in the country, the growth of which may lead to higher interest rates by financial regulators. The indicator is expected to decrease from 5.6% to 5.4%. Implementation of the forecast may support euro quotes.

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