Unemployment rate. Switzerland, 08:45 (GMT+2) 07 Feb

07Feb.202307:45

Unemployment rate. Switzerland, 08:45 (GMT+2)

At 08:45 (GMT+2), January data on the unemployment rate will be published in Switzerland. This indicator captures the percentage 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 1.9%.

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07 Feb. 2023 08:00

Industrial production. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), Germany will publish December data on industrial production. The indicator captures the change in the volume of output of industrial goods and utilities in the country. Its calculation takes into account the manufacturing and mining industries, as well as the electric power industry. The value is expected to correct to –0.6% from 0.2% a month earlier. Implementation of the forecast will likely put pressure on the euro's position.

07 Feb. 2023 14:30

Trade balance. Canada, 15:30 (GMT+2)

At 15:30 (GMT+2), December data on the trade balance will be published in Canada. This indicator consolidates the difference between the amount of payments for exported and imported goods. Its increase is a positive factor for the national currency. The trade balance is expected to correct from –0.04B Canadian dollars to –1.00B Canadian dollars. Implementation of the forecast may support the quotes of the national currency.

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