Gross domestic product. Switzerland, 09:00 (GMT+2) 29 Nov

29Nov.202208:00

Gross domestic product. Switzerland, 09:00 (GMT+2)

At 09:00 (GMT+2), data on Switzerland's Q3 gross domestic product will be released. It is the main indicator reflecting the state of the national economy. It considers domestic consumption, investment, government spending, and exports. The indicator is expected to remain at 0.3% QoQ and decrease from 2.4% to 1.0% YoY.

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29 Nov. 2022 00:50

Retail sales. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), October retail sales data will be released in Japan. The indicator records the volume of all goods sold by retailers based on a sample of retail stores of various types and sizes. It is an important indicator of consumer spending and significantly impacts the gross domestic product. The figure is expected to grow from 4.8% to 5.0% YoY. Implementation of the forecast may support the quotes of the yen.

29 Nov. 2022 11:00

Consumer confidence. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), November data on the consumer confidence index in the euro area will be published. The indicator is calculated based on a survey of 2.3K households that assesses the economic prospects. It is a leading indicator of consumer spending. High numbers indicate consumer optimism and vice versa. The indicator is expected to remain at –23.9 points.

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