Interest rate decision. Australia, 06:30 (GMT+2) 02 May

02May.202305:30

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

At 06:30 (GMT+2), the Reserve Bank of Australia will announce its interest rate decision. Officials will likely leave the value at the current level of 3.60% to assess the impact of the measures already taken on inflation rates. The accompanying statement may contain an assessment of the country’s financial authorities regarding the current state of the economy against global geopolitical tensions.

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01 May. 2023 15:00

ISM manufacturing PMI. USA, 16:00 (GMT+2)

At 16:00 (GMT+2), April data on the index of business activity in the manufacturing sector will be published in the US. The indicator reflects the state of business activity in the national manufacturing industry. It is based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and the prospects for its further development is assessed. The index is expected to grow from the current 46.3 points to 46.6 points.

02 May. 2023 07:00

Retail sales. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), March data on retail sales will be released in Germany. The indicator records the number of all goods sold by retailers, based on a sample of retail stores of various types and sizes. It is an important indicator of consumer spending and has a significant impact on gross domestic product. It is expected that it will correct from –1.3% to 0.4% MoM, which may have a positive impact on the euro.

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