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

04May.202307:00

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

At 08:00 (GMT+2), March data on the trade balance will be published in Germany. The indicator captures the difference between the amount of payments for exported and imported goods. The indicator is expected to grow from 16.0B euros to 16.1B euros. Implementation of the forecast may support the euro.

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04 May. 2023 02:45

Caixin Manufacturing PMI. China, 03:45 (GMT+2)

At 03:45 (GMT+2), China will publish April data on the index of business activity in the manufacturing sector from Caixin. The indicator reflects the state of business activity in the national manufacturing industry and 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 indicator is expected to grow from the current 50.0 points to 50.3 points, which, in turn, may have a positive impact on the yuan.

04 May. 2023 09:00

Service PMI. EU, 10:00 (GMT+2)

At 10:00 (GMT+2), April’s index of business activity in the EU services sector will be published, based on a survey of supply managers of non-manufacturing enterprises. 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 rise from 55.0 points to 56.6 points, and the composite index may increase from 53.7 points to 54.4 points.

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