Trade balance. China, 05:00 (GMT+2) 07 Mar

07Mar.202304:00

Trade balance. China, 05:00 (GMT+2)

At 05:00 (GMT+2), China will publish its January trade balance data. This indicator captures the difference between the amount of payments for exported and imported goods. The indicator is expected to grow from 78.00B US dollars to 80.90B US dollars, which may support the yuan quotes.

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07 Mar. 2023 01:01

BRC retail sales. United Kingdom, 02:01 (GMT+2)

At 02:01 (GMT+2), February retail sales data from the British Retail Consortium (BRC) will be released. The indicator takes into account the dynamics of the sale of goods in stores that have been open for at least a year and is calculated based on information regularly provided by them. The value is expected to grow from 3.9% to 4.8%, which, in turn, may support the pound quotes.

07 Mar. 2023 04:30

Interest rate decision. Australia, 05:30 (GMT+2)

At 05:30 (GMT+2), the Reserve Bank of Australia will announce its interest rate decision. It is expected that the rate will be increased from 3.35% to 3.60% to combat record inflation. The accompanying statement may contain an assessment of the country's financial authorities regarding the current state of the economy against the backdrop of global geopolitical tensions and a rapidly developing energy crisis.

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