Trade balance. Germany, 08:00 (GMT+2) 04 Apr

04Apr.202307:00

Trade balance. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), Germany will publish February data on the trade balance. The indicator captures the difference between the amount of payments for exported and imported goods. It is expected to grow from 16.7B euros to 17.0B euros. Implementation of the forecast may support the euro.

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04 Apr. 2023 05:30

Interest rate decision. Australia, 06:30 (GMT+2)

At 06:30 (GMT+2), the Reserve Bank of Australia will announce its interest rate decision. It is expected that the rate will be increased from 3.60% to 3.85% 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.

04 Apr. 2023 10:00

Producer price index. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), February data on the producer price index in the euro area will be published. The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products, and final goods are taken into account). Higher prices for producers contribute to the growth of consumer inflation in the region. The indicator is expected to correct from –2.8% to –0.3% MoM and from 15.0% to 13.5% YoY.

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