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Factory Orders. Germany, 08:00 (GMT+2) 04 Aug

04Aug.202207:00

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

German Factory Orders data for June is 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 adjust from 0.1% to -0.8%, which may negatively affect the euro exchange rate.

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Trade Balance. Australia, 03:30 (GMT+2)
04 Aug. 2022 02:30
Trade Balance. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), June 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 decrease from 15.965B Australian dollars to 14,000B Australian dollars.

Construction PMI. UK, 10:30 (GMT+2)
04 Aug. 2022 09:30
Construction PMI. UK, 10:30 (GMT+2)

Construction PMI data for July in the UK will be published at 10:30 (GMT+2). 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. It is expected that the value will decrease from 52.6 points to 52.0 points, which may put pressure on the pound quotes.

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