Business expectations. Germany, 11:00 (GMT+2) 25 Jan

25Jan.202310:00

Business expectations. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the German January Business Expectations Index will be published, which measures business sentiment and business conditions in the country through a survey of representatives of 7K companies. It is expected that the January value will grow from 83.2 points to 85.0 points, which may support the quotes of the European currency.

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25 Jan. 2023 02:30

Consumer price index. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), Australian Q4 CPI data will be released. It is the main indicator of inflation in the country and determines the change in retail prices for a certain “basket” of goods and services: food, transport, utilities, and healthcare, and it has a significant impact on the decisions of the authorities on monetary policy. The index is expected to fall from 1.8% to 1.6% QoQ and rise from 7.3% to 7.5% YoY, which could put pressure on the Australian currency.

25 Jan. 2023 10:00

IFO business climate index. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the January business climate index in Germany from the Institute for Economic Research (IFO) will be published. It is based on a survey of the heads of 7.0K enterprises in the manufacturing industry, the construction sector, and wholesale and retail trade. The index is expected to correct from 88.6 points to 90.2 points.

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