Sentix investor confidence. EU, 10:30 (GMT+2) 08 May

08May.202309:30

Sentix investor confidence. EU, 10:30 (GMT+2)

At 10:30 (GMT+2), the May EU Investor Confidence Index from Sentix will be published. The indicator reflects investor confidence in the region’s economic prospects. It is predicted that the indicator will accelerate the decline from the current –8.7 points to –9.9 points, which, in turn, may put pressure on the quotes of the European currency and negatively affect the dynamics of the EU stock market.

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08 May. 2023 07:00

Industrial production. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2) in Germany, March data on industrial production will be published. The indicator captures the change in the volume of output of industrial goods and utilities in the country. Its calculation considers the manufacturing and mining industries, as well as the electric power industry. The value is expected to correct to 0.1% from 2.0% a month earlier. Implementation of the forecast is likely to put pressure on the position of the euro.

09 May. 2023 00:00

Electronic cards retail sales. New Zealand, 00:45 (GMT+2)

At 00:45 (GMT+2) in New Zealand, April data on the volume of retail sales made using electronic cards will be published. It is an important indicator of consumer spending in the country. The value is expected to decrease from 15.5% to 8.6% YoY and from 0.7% to –0.2% MoM. Implementation of the forecast may put pressure on the New Zealand currency.

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