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Unemployment Rate. Switzerland, 07:45 (GMT+2) 08 Sep

08Sep.202206:45

Unemployment Rate. Switzerland, 07:45 (GMT+2)

At 07:45 (GMT+2), August data on the unemployment rate will be published in Switzerland. This indicator captures the percentage of the number of unemployed over 18 years of age to the total working-age population. Only registered unemployed persons are taken into account. The seasonally adjusted unemployment rate is expected to remain at 2.0% and seasonally adjusted to 2.2%.

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Trade Balance. Australia, 03:30 (GMT+2)
08 Sep. 2022 02:30
Trade Balance. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2) in Australia, July data on the trade balance will be published. This indicator consolidates 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 fall from 17.670B Australian dollars to 14.500B Australian dollars.

Interest Rate Decision. EU, 13:45 (GMT+2)
08 Sep. 2022 12:45
Interest Rate Decision. EU, 13:45 (GMT+2)

At 13:45 (GMT+2), the European Central Bank (ECB) will announce its interest rate decision. Adjusting values ​​are predicted: the main rate will be brought up to 1.00%, and the deposit rate will be up to 0.50%. Most experts expect a correction in the value range of 25.0–50.0 basis points. In their opinion, the aggressive policy of the authorities will help curb the unprecedented inflation, which reached a historic high of 8.6% YoY. The accompanying statement of the regulator may contain an assessment of the current situation and the immediate prospects of the European economy, as well as hints at further actions of the financial authorities in the field of monetary policy.

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