KOF Leading Indicators. Switzerland, 09:00 (GMT+2) 30 Aug

30Aug.202208:00

KOF Leading Indicators. Switzerland, 09:00 (GMT+2)

At 09:00 (GMT+2), the August index of leading economic indicators from the Swiss Economic Institute (KOF) will be published, which takes into account 12 indicators related to consumer confidence, production, new orders, and the real estate market, and also reflects the development outlook for the next six months. The value is predicted to decline from 90.1 points to 89.0 points, which may pressure the franc.

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30 Aug. 2022 02:30

Building Permits. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2) in Australia, July data on the number of building permits issued will be published. The indicator monthly records the change in the number of applications for the construction of real estate approved by the government and is one of the most important indicators of the construction sector. The negative dynamics are expected to increase from –0.7% to –1.0%. Implementation of the forecast may put pressure on the Australian dollar.

30 Aug. 2022 13:00

Consumer Price Index. Germany, 14:00 (GMT+2)

At 14:00 (GMT+2) in Germany, the August data on the consumer price index will be released. It is the main indicator of inflation in the country and reflects the change in retail prices for a certain “basket” of goods and services: food, transport, utilities, healthcare, and so on, having a significant impact on monetary policy decisions. The consumer price index is expected to correct from 7.5% to 7.8% YoY and to decrease from 0.9% to 0.4% MoM.

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