Trade balance. Germany, 09:00 (GMT+2) 02 Feb

02Feb.202308:00

Trade balance. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), December data on the trade balance will be published in Germany. This indicator captures the difference between the amount of payments for exported and imported goods. The indicator is expected to decrease from 10.8B euros to 9.2B euros. Implementing the forecast may put pressure on the quotes of the single currency of the euro area.

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02 Feb. 2023 01:30

Building permits. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2), Australia will publish December data on the number of building permits issued. 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 indicator is expected to increase from −9.0% to 1.0%. Implementation of the forecast may support the quotes of the Australian dollar.

02 Feb. 2023 13:00

Interest rate decision. UK, 14:00 (GMT+2)

At 14:00 (GMT+2), the decision of the Bank of England on the interest rate will be announced. The regulator is expected to raise the figure from 3.50% to 4.00% to combat further inflation, which has reached a 40-year high. The accompanying statement may contain officials' vision of the state and immediate prospects of the national economy, as well as hints at further actions of the regulator in monetary policy.

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